JPMorgan awards Daniel Pinto 750,000 SARs tied to promotion to sole President and COO

JPMORGAN CHASE & CO

Daniel Pinto receives 750,000 stock appreciation rights (SARs) for prospective retention and promotion.
SARs vest no earlier than December 14, 2026, with 10-year term; net shares must be held until December 14, 2031.
Exercise price equals average of high/low JPM common stock price on December 14, 2021.
Award not part of regular annual compensation; subject to clawback and protection-based vesting provisions.
CMDC cites Mr. Pinto's outstanding leadership and desire for continued service in his new role.

item 5.02 item 9.01

Executive movements

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Role change

Daniel Pinto

President and Chief Operating Officer

JPM · JPMORGAN CHASE & CO

Effective: 2022-01-01
Filed: December 15, 2021, 6:59 PM ET

The CMDC made this special award for prospective purposes, with respect to Mr. Pinto’s promotion to the Firm’s sole President and Chief Operating Officer, effective January 1, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Pinto changed role as President and Chief Operating Officer at JPMORGAN CHASE & CO.

Action: promotion
Role: President and Chief Operating Officer

Exact text from the filing

The CMDC made this special award for prospective purposes, with respect to Mr. Pinto’s promotion to the Firm’s sole President and Chief Operating Officer, effective January 1, 2022

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Source: SEC EDGAR

accession 0000019617-21-000534

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