SEC Form 4 · accession 0001127602-15-003108
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashwini Gupta
Officer — Pres-Risk/Info Mgmt & AXP CRO
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 6:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 26, 2015 | A | 16,955 | $83.30 | A | 120,923 | D | |
| Common Stock | Jan 26, 2015 | F | 7,748 | $83.30 | D | 113,175 | D | |
| Common StockF3 | holding | — | — | — | 60 | I | by 401(k) Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares acquired pursuant to vesting of Restricted Stock Units ("performance units") that were granted to the reporting person in January 2012 and have vested based on the Company's 2012-15 return on average equity performance. Pursuant to the Company's stock ownership guidelines, the reporting person is required to hold a portion of shares received upon vesting for a period of time.
- F2The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.
- F3Shares 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.