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sd-10-EFTA01461911Dept. of JusticeOther

EFTA Document EFTA01461911

Date: Subject: 07/16/2014 0122 PM Re: JPM Position Yes On Wednesday, July 16, 2014, Vahe Stepanian > wrote: Classification: Confidential Good Afternoon Jeffrey, Just spoke to Rich - he mentioned that you would like to sell 10% of your JPM holdings each week for the next 10 weeks. Current position = 14,503 JPM shares Goal = Sell 1450/week for 10 weeks Week 1: Week 10: July 14th Sept. 15th Ok to sell 1450 shares today with JPM up $0.69 to $58.96? Chart below for your convenience.

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Date: Subject: 07/16/2014 0122 PM Re: JPM Position Yes On Wednesday, July 16, 2014, Vahe Stepanian > wrote: Classification: Confidential Good Afternoon Jeffrey, Just spoke to Rich - he mentioned that you would like to sell 10% of your JPM holdings each week for the next 10 weeks. Current position = 14,503 JPM shares Goal = Sell 1450/week for 10 weeks Week 1: Week 10: July 14th Sept. 15th Ok to sell 1450 shares today with JPM up $0.69 to $58.96? Chart below for your convenience.

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Date: Subject: 07/16/2014 0122 PM Re: JPM Position Yes On Wednesday, July 16, 2014, Vahe Stepanian > wrote: Classification: Confidential Good Afternoon Jeffrey, Just spoke to Rich - he mentioned that you would like to sell 10% of your JPM holdings each week for the next 10 weeks. Current position = 14,503 JPM shares Goal = Sell 1450/week for 10 weeks Week 1: Week 10: July 14th Sept. 15th Ok to sell 1450 shares today with JPM up $0.69 to $58.96? Chart below for your convenience. Thank you, Vahe CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 124220 CONFIDENTIAL SDNY_GM_00270404 EFTA01461911

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