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
Addresses cancer diagnosis
The board will be fully briefed on my condition, and if they and I feel that it’s necessary to make additional disclosures, we will do that. But I really do think the next disclosure I’m going to make will be in about seven or eight weeks, when the therapy is over.