AI assistant
AMERICAN EXPRESS CO — Director's Dealing 2017
Dec 14, 2017
29774_dirs_2017-12-13_c62f2ea8-3ba9-45ea-83a8-2e2394e72aba.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2017-12-11
Reporting Person: O'Neill Michael John (EVP, Corp Affairs & Comm)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-11 | Common Stock | M | 8379 | $16.71 | Acquired | 43730.937 | Direct |
| 2017-12-11 | Common Stock | M | 43054 | $34.84 | Acquired | 86784.937 | Direct |
| 2017-12-11 | Common Stock | S | 43741 | $98.85 | Disposed | 43043.937 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-11 | Employee Stock Option (Right to Buy) | $16.71 | M | 8379 | Disposed | 2019-01-29 | Common Stock (8379) | Direct |
| 2017-12-11 | Employee Stock Option (Right to Buy) | $34.84 | M | 43054 | Disposed | 2019-10-30 | Common Stock (43054) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1039.14 | Indirect |
Footnotes
F1: The 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 and the sale of 50% of the net shares acquired from these exercises; the reported person will retain the balance of the nets shares in accordance with the Company's retention guidelines for executive officers.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.84 to $98.90. 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.
F3: Includes shares acquired pursuant to dividend reinvestment.
F4: Shares 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.
F5: These options become exercisable in four equal annual installments beginning on the date shown as "Date Exercisable."