Friday, JPMorgnan Chase & Co. (JPM) awarded its Chief Executive Officer, Jamie Dimon, 195,704 shares that will expire on January 13, 2013 and 563,562 options that will expire on January 20, 2020. In its SEC filing on Friday, the company noted that the restricted shares awarded to Dimon have an exercise price of $43.20. According to media reports, the stock award is worth around $8 million.
The company also plans to hold "say on pay" vote at 2010 shareholder meeting, reports said.
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