SEC Form 4 · accession 0001127602-18-027626
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc D Gordon
Officer — Chief Information Officer
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 4:28 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 | Sep 12, 2018 | M | 13,368 | $55.97 | A | 33,111 | D | |
| Common Stock | Sep 12, 2018 | M | 12,580 | $59.45 | A | 45,691 | D | |
| Common StockF2,F3 | Sep 12, 2018 | S | 25,948 | $107.83 | D | 19,743 | 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)F4 | $55.97 | Sep 12, 2018 | M | 13,368 | D | Oct 31, 2013 | Oct 31, 2022 | Common Stock | 13,368 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $59.45 | Sep 12, 2018 | M | 12,580 | D | Jan 29, 2016 | Jan 29, 2023 | Common Stock | 12,580 | 0 | 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 exercise reported above and the sale of 50% of the net shares acquired from this exercise;the reporting person will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.71 to $107.99. 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.
- F4These options became exercisable in four equal annual installments beginning on the date shown as "Date Exercisable."
- F5These options became exercisable beginning on the date shown as "Date Exercisable."