New Issue: JPMorgan prices $630,000 10.1% upside autocallable reverse exchangeables on Ford

By Jennifer Chiou

New York, Oct. 15 - JPMorgan Chase & Co. priced $630,000 of 10.1% upside autocallable reverse exchangeable notes due Oct. 29, 2014 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be called at par plus accrued interest if Ford stock closes at or above the initial share price on any of three quarterly call dates.

The payout at maturity will be par in cash unless Ford stock finishes below the initial price by more than 20%, in which case investors will receive a number of Ford shares equal to $1,000 divided by the initial share price or, at JPMorgan's option, the cash equivalent.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Upside autocallable reverse exhangeable notes
Underlying stock:	Ford Motor Co. (Symbol: F)
Amount:	$630,000
Maturity:	Oct. 29, 2014
Coupon:	10.1%, payable quarterly
Price:	Par
Payout at maturity:	Par in cash unless Ford shares finish below 80% of the initial price, in which case Ford shares equal to $1,000 divided by the initial share price or cash equivalent
Initial price:	$17.11
Buffer amount:	$3.422, 20% of initial share price
Call:	At par plus accrued interest if closing price is equal to or greater than initial price on any quarterly call date beginning on Jan. 23, 2014
Pricing date:	Oct. 11
Settlement date:	Oct. 16
Agent:	J.P. Morgan Securities LLC
Fees:	1%, all for selling concessions
Cusip:	48126NXE2

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