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AMERICAN EXPRESS CO — Director's Dealing 2015
Jan 29, 2015
29774_dirs_2015-01-28_2473a10b-2e25-4983-8d92-a9916f433a9c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2015-01-26
Reporting Person: Silverman Josh (President US Consumer Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-26 | Common Stock | A | 20038 | $83.30 | Acquired | 39719.35 | Direct |
| 2015-01-26 | Common Stock | F | 9466 | $83.30 | Disposed | 30253.35 | Direct |
Footnotes
F1: Represents 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.
F2: The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.