EFTA01461907

From: "jeffrey E." <[email protected]> To: Vahe Stepanian/db/dbcom@DBAmericas, Date: 07/16/2014 01:22 PM Subject: Re: JPM Position [C] yes on Wednesday, July 16, 2014, vahe stepanian Classification: confidential wrote: 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 50.69 to 558.967 Chart below for your convenience. Thank you, vahe (Embedded image moved to file: pic27939.gif) (Embedded image moved to file: pic02720.gif) (Embedded image moved to file: pic14457.gif) vahe stepanian Associate I wealth Investment coverage Deutsche Bank securities Inc. Deutsche Asset & wealth Management 345 Park Avenue - 26th Floor New York NY 10154-0004 Tel. Fax Mobile Email 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 for 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 CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 124213 CONFIDENTIAL SDNY_GM_00270397 EFTA01461907