JPMorgan’s Dimon gets $17 million bonus, tops on Street

JPMorgan Chase & Co. Chief Executive James Dimon received a 2010 stock bonus valued at $17 million, the biggest bonus for a big-name Wall Streeter so far this year. According to a Securities and Exchange Commission filing, Mr. Dimon was given 251,415 units in restricted stock, half of which will vest in January 2013 and the rest a year later. The restricted stock at Thursday’s closing prices would be worth just over $12 million. Mr. Dimon was also awarded 367,377 in stock appreciation rights, worth an estimated $5 million based on the Black-Scholes model.

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please