JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO Jamie Dimon was awarded with stock and options valued at $17 million, according to a required regulatory filing of the giant bank.
Other large banks have recently rewarded their top executives with big bonuses as well, including Citigroup (NYSE:C) and Goldman Sachs (NYSE:GS).
Dimon received 251,415 restricted stock units, half of which will be vested in January 2013, and other half in 2014. Those shares are valued at $12.1 million based on the share price of the stock at Wednesday's close.
Another 367,377 stock appreciation rights were granted to Dimon, which include a 10-year term and can begin to be exercised in January 2012. Those are valued at close to $5 million.
JPMorgan closed Thursday at $47.82, dropping $0.12, or 0.25 percent.
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