JPMORGAN CHASE & CO. 
Material Modification to Rights of Security Holders
On May 12, 2021, JPMorgan Chase & Co. (the 'Company') issued 200,000 shares (the 'Shares') of the Company's 3.65% Fixed-Rate Reset Non-CumulativePreferred Stock, Series KK, par value of $1.00 per share and with a liquidation preference of $10,000 per share (the 'Series KK Preferred Stock'), which Shares were deposited against delivery of depositary receipts (the 'Depositary Receipts') evidencing 2,000,000 depositary shares (the 'Depositary Shares'), each representing a one-tenthinterest in a Share, issued by Computershare Inc., as depositary.
Under the terms of the Series KK Preferred Stock, the ability of the Company to pay dividends on, make distributions with respect to, or to redeem, purchase or acquire, or make a liquidation payment on its common stock or any preferred stock ranking on a parity with or junior to the Series KK Preferred Stock, will be subject to restrictions in the event that the Company does not declare dividends on the Series KK Preferred Stock for the most recently completed dividend period or, in the case of any such liquidation payment, does not pay to holders of the Series KK Preferred Stock liquidation distributions of $10,000 per Share, plus any declared and unpaid dividends.
The terms of the Series KK Preferred Stock are more fully described in the Certificate of Designations (as defined below), which establishes the rights, preferences, privileges, qualifications, restrictions and limitations relating to the Series KK Preferred Stock. Copies of the Certificate of Designations and the form of certificate representing the Series KK Preferred Stock are included as Exhibit 3.1 and Exhibit 4.1, respectively, to this Current Report on Form 8-Kand are incorporated by reference herein. The terms of the Depositary Shares are set forth in the Deposit Agreement, dated May 12, 2021, among the Company, Computershare Inc., as depositary, and the holders from time to time of the Depositary Receipts issued thereunder (the 'Deposit Agreement') and the form of Depositary Receipt. Copies of the Deposit Agreement and the form of Depositary Receipt are included as Exhibit 4.2 and Exhibit 4.3, respectively, to this Current Report on Form 8-Kand are incorporated by reference herein.
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On May 11, 2021, the Company filed a Certificate of Designations, Powers, Preferences and Rights with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges, qualifications, restrictions and limitations relating to the Series KK Preferred Stock (the 'Certificate of Designations'). The Certificate of Designations became effective with the Secretary of State of the State of Delaware upon filing. A copy of the Certificate of Designations is included as Exhibit 3.1 to this Current Report on Form 8-Kand is incorporated by reference herein.
Other Events.
On May 12, 2021, the Company completed the issuance and sale of 200,000 Shares, which Shares were deposited against delivery of Depositary Receipts evidencing 2,000,000 Depositary Shares, pursuant to an Underwriting Agreement, dated May 5, 2021, among the Company, J.P. Morgan Securities LLC and the other several underwriters named therein. The sale of the Depositary Shares was made pursuant to the Company's Registration Statement on Form S-3(File No. 333-230098).In connection with this offering, the legal opinion as to the legality of the Depositary Shares and the Series KK Preferred Stock is being filed as Exhibit 5.1 to this Current Report on Form 8-K.
Financial Statements and Exhibits
(d) Exhibits
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JPMorgan Chase & Co. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 18:42:57 UTC.
