SEC Form 4 · accession 0001127602-16-065162
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashwini Gupta
Officer — Pres, Crdt Risk/Glbl Info Mgt
Period of report
Oct 21, 2016
Accepted (ET)
Oct 24, 2016 · 5:36 pm EDT
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 | Oct 21, 2016 | M | 100,000 | $57.77 | A | 239,718 | D | |
| Common Stock | Oct 21, 2016 | M | 50,000 | $57.77 | A | 289,718 | D | |
| Common StockF2 | Oct 21, 2016 | S | 140,808 | $67.18 | D | 148,910 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $57.77 | Oct 21, 2016 | M | 100,000 | D | Jan 25, 2008 | Jan 24, 2017 | Common Stock | 100,000 | 0 | D |
| Employee Stock Option (Right to Buy) | $57.77 | Oct 21, 2016 | M | 50,000 | D | Jan 25, 2010 | Jan 24, 2017 | Common Stock | 50,000 | 150,000 | D |
Explanation of responses
- F1The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercises reported above.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.09 to $67.36. 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.
- F3These shares become exercisable in four annual installments beginning on date shown as "Date Exercisable."