From: Vahe Stepanian To: "jeffrey E." <jeevacation@gmail.com> Cc: , Paul Morris <1 Subject: JPM - Sell today? [C] Date: Wed, 23 Jul 2014 14:12:16 +0000 Inline-Images: unnamed; unnamed(1); unnamed(2); unnamed(3) Classification: Confidential Good Morning Jeffrey - JPM trading up $0.16 to $58.83 today, back up from $57.86 close on Thursday. Okay to sell this week's 1,450 shares? Thank you, Vahe From: Vahe Stepanianidb/dbcom To: -Jeffrey E." <jeevacation@gmail.com>O1FIIRAINT Cc: Paul Morris/. Nay Gupta , Vinit Date: 07/16/2014 01:28 PM Subject: Trade Report 7/16/14 [C) Classification: Confidential Thank you Jeffrey. Today you executed the following: S 1,450 JPM $58.893 We'll be back to you next week on JPM. Vahe Vahe Stepanian Associate I Wealth Investment Coverage Deutsche Bank Securities Inc. Management MI trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confimation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement. and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. EFTA01199486 From: To: Dale: Subject: Jeffrey Ef <jeevacation@gmail.com> Re: JPM Position [CI 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 EFTA01199487 .3PM US $ 58. 9 6 +,69 pew..I' T58.95 At 13:15 Vol 10,894,749 0 58.51Z H 58.98D PH US Equity 07/16/2013 /58.96N 20x51 L 58.31Z Val 639.993M 95) Save As 9Q Actions- 97) Edit - 9S Table Line Chart 07/16/2014 Last Price PI Line Compare . s Volume 1D 3D 1H 6H YTD 1Y 5Y Max Daily • 'a 4;.! Security/Study • Last Price 58.96 T High on 03/2444 61.07 ...Average 55.691 J. Low on 09/24/13 50.32 Event zUSD 60.00 e58.00 050.00 w54.00 eS2.00 SOAO ys Volume 0.8 L in SMAVG 15) 14. I ilil di Ihlliihlli e4OM •lAk1 _ro Au Sep Oct Nov D Jan F b Mar OP May Jun ul 20 04 Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyright 2014 Bloomberg Finance SN 264224 EDT GMT-4.00 H653-5263-3 16-Jul-2014 13:15:24 EFTA01199488 US Equity 96) Export to Excel 971 Feedback Histonca rice Ptiorgan Chase & Co Range Market Mew Date F 07/18/14 Last Pncei Volume r F allatUrvast Price 06/27/14 57.53 VolumIiIMEggrr 10,178,566 F 06/06/14 -ast Pricer vro 56.97 ume 15,399,844 1 07/17/14 T 06/26/14 57.39 11,854,621d 06/05/14 56.63 16,804,644 W 07/16/14 58.96 10,865,787'W 06/25/14 57.53 14,843 90001 06/04/14 55.68 9,728,053 1 07/15/14 58.27 36,219,126 T 06/24/14 57.42 12,323,3201T 06/03/14 55.60 9,132,297 M 07/14/14 56.29 14,011,991 M 06/23/14 58.19 16,009,479 M 06/02/14 55.35 9,440,042 I I F 07/11/14 55.80 10,236,860 F 06/20/14 57.55 17,126,425 F 05/30/14 55.57 11,991,312 T 07/10/14 55.56 12,436,589 T 06/19/14 57.30 11,624,383!T 05/29/14 55.72 11,741,707 W 07/09/14 56.02 10,914,251 W 06/18/14 57.78 13,737,1431V/1 05/28/14 55.45 11,374,958 T 07/08/14 55.76 18,345,729 T 06/17/14 57.42 11,200,52211 05/27/14 55.14 14,503,732 M 07/07/14 56.67 13,918,743 M 06/16/14 56.87 11,199,075 M 05/26/14 I I F 07/04/14 F 06/13/14 57.04 12,044,435 F 1 05/23/14 54.53 10,878,697 1 07/03/14 57.05 12,599,842 T 06/12/14 57.04 11,677,91111 05/22/14 54.55 11,801,568 14 07/02/14 56.97 19,199,260'W 06/11/14 57.27 14,232,171A 05/21/14 54.12 13,210,922 T 07/01/14 57.57 14,472,160 T 06/10/14 57.90 11,609,16911 05/20/14 53.72 16,888,227 M 06/30/14 57.62 11,549,859 M 06/09/14 57.42 12,000,038 M 05/19/14 53.83 12,068,854 I I 07/16/2013 Last Price Dense (HP) 07/16/2014 Volume Period Currency High Low Avg Net Chg 61.07 03/24/14 50.32 09/24/13 55.691 17,850,442 3.95 7.18% Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyright 2014 Bloomberg Finance SN 264224 EDT GMT-4.00 H653-5263-2 16-Jul-2014 13:14:47 Vahe Stepanian Associate I Wealth Investment Coverage Deutsche Bank Securities Inc. All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement. and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible (or any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01199489 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01199490