Lake Marianne bought JPM
March 25, 2024 · Form 4 insider transaction
Lake Marianne bought 52,504.414 shares of JPMorgan Chase & Co. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
These shares represent JPMC common stock acquired on March 25, 2024 upon settlement of a Performance Share Unit (PSU) award granted on January 19, 2021 for the three-year performance period ended December 31, 2023 (as previously disclosed on a Form 4 filed on March 21, 2024), and must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant.; Each PSU represents a contingent right to receive one share of JPMC common stock upon vesting based on the attainment of performance goals.