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17 Jul, 2014

Collects $37m in stock options

JPMorgan Chase’s board decides to allow Dimon to collect roughly $37 million in stock options. Joe Evangelisti, a spokesman for JPMorgan says the board won’t further defer the vesting of options.

Jamie does not plan to exercise the options at this time. Jamie has never sold any JPM stock except to cover the cost of an options exercise and as part of required income tax liability attributable to vesting

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