Filing Details

Accession Number:
0001127602-16-069038
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-02 18:16:24
Reporting Period:
2016-12-01
Filing Date:
2016-12-02
Accepted Time:
2016-12-02 18:16:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
4962 American Express Co AXP Finance Services (6199) 134922250
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1302528 Kevin L Cox 200 Vesey Street, American Express Tower
New York NY 10285-5001
Chief Human Resources Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-12-01 52,903 $49.13 52,903 No 4 M Direct
Common Stock Disposition 2016-12-01 48,970 $72.30 3,933 No 4 S Direct
Common Stock Disposition 2016-12-01 3,932 $72.30 22,068 No 4 S Indirect By GRAT II
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect By GRAT II
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2016-12-01 52,903 $0.00 52,903 $49.13
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,097 2009-01-31 2018-01-30 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 22,359 Indirect By GRAT I
Common Stock 53 Indirect by 401(k) Trust
Footnotes
  1. The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 50% of the net shares acquired from this exercise; the reporting person will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 31, 2016.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.79 to $72.72. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
  4. This balance also reflects the prior transfer of shares from the reporting person's direct holdings to indirect holdings in the GRATs shown below.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.90 to $72.57. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
  6. Shares held in reporting person's account under the Company's Retirement Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.
  7. 31,250 of the options exercised became exercisable on 1/31/2009; the balance became exercisable on 1/31/2010.