SEC Form 4 · accession 0001127602-17-016322
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas E. Buckminster
Officer — Pres, Glb Consumer Svcs Grp
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 3:27 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 StockF1 | Apr 28, 2017 | G | 1,240 | — | D | 55,486 | D | |
| Common StockF2,F3 | Apr 28, 2017 | S | 3,000 | $79.24 | D | 52,486 | D | |
| Common StockF4 | holding | — | — | — | 13,051 | I | 401(k) Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported disposition represents a bona fide charitable gift made by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.14 to $79.34. 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.
- F3Includes shares acquired pursuant to dividend reinvestment.
- 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.