JPMorgan’s Dimon, Zames Receive $21 Million in Past Pay
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and co-Chief Operating Officer Matt Zames were among executives receiving prior compensation that vested this week.
Dimon received 223,559 shares, according to a company filing issued today. The stock is worth $10.3 million based on the stock’s closing price on Jan. 14, the day after the shares vested. Zames took ownership of 243,280 shares, the New York- based bank said in a separate filing. The shares are valued at $11.2 million.
The shares represent compensation awarded two and three years ago that is now vesting, according to Joseph Evangelisti, a JPMorgan spokesman. JPMorgan’s stock rose 1 percent today to $46.82 in New York trading.
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