SEC Form 4 · accession 0001127602-15-003112
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Josh Silverman
Officer — President US Consumer Services
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 6:45 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 | 20,038 | $83.30 | A | 39,719 | D | |
| Common Stock | Jan 26, 2015 | F | 9,466 | $83.30 | D | 30,253 | D |
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.