No, Dimon's $120+ million stock options exercised on February 3rd is quite a bit more than the $17 million in stock bonus that Jamie was recently awarded... perhaps he was worried an up-coming event might devalue his options, therefore he cashed in BIG time:
3-Feb-10 DIMON JAMES Officer 1,864,486 Direct Option Exercise at $28.86 - $30.06 per share. $54,928,002 3-Feb-10 DIMON JAMES Officer 1,613,558 Direct Disposition (Non Open Market) at $40.64 per share. $65,574,997