SEC Form 4 · accession 0001127602-15-003109
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth I Chenault
Officer — Chairman & CEO · Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 6:34 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 StockF1 | Jun 6, 2014 | G | 31,430 | — | D | 702,340 | D | |
| Common Stock | Jan 26, 2015 | A | 127,169 | $83.30 | A | 829,509 | D | |
| Common Stock | Jan 26, 2015 | F | 63,828 | $83.30 | D | 765,681 | D | |
| Common Stock | holding | — | — | — | 67,568 | I | by trust fbo children | |
| Common Stock | holding | — | — | — | 59,122 | I | by trust fbo children | |
| Common Stock | holding | — | — | — | 26,148 | I | By Wife | |
| Common StockF4 | holding | — | — | — | 23,795 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 4,158 | I | Wife As Trustee/custodian | |
| Common Stock | holding | — | — | — | 2,850 | I | by son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported disposition represents bona fide charitable gifts made by the reporting person.
- F2Represents 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 50% of shares received upon the vesting of equity awards for a period of one year.
- F3The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.
- F4Shares 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.