Jamie Dimon gets $36M of options delayed due to London Whale loss

|By:, SA News Editor

JPMorgan Chase (NYSE:JPM) has awarded CEO Jamie Dimon stock options for 2M shares, according to an SEC filing, worth ~$36M at today's closing price.

The options were part of Dimon's 2008 compensation package that became exercisable in Jan. 2013; JPM's board determined then that because of the bank's $6.2B London Whale trading loss, it would defer vesting until July 2014.

JPM says its compensation committee has decided not to defer the vesting further, and the shares will be exercisable on July 22.