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AMERICAN EXPRESS CO — Director's Dealing 2017
Jan 31, 2017
29774_dirs_2017-01-31_b9bee5cf-0525-49f2-b6f0-d97fde86f414.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: 2017-01-28
Reporting Person: Gupta Ashwini (Pres, Crdt Risk/Glbl Info Mgt)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-28 | Common Stock | A | 12184 | $76.85 | Acquired | 165064 | Direct |
| 2017-01-28 | Common Stock | F | 5068 | $76.85 | Disposed | 159996 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-28 | Employee Stock Option (Right to Buy) | $86.64 | A | 12184 | Acquired | 2024-01-28 | Common Stock (12184) | Direct |
Footnotes
F1: Represents shares acquired pursuant to vesting of Restricted Stock Units ("performance units") that were granted to the reporting person in January 2014 and have vested based on the Company's 2014-16 return on average equity performance.
F2: The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.
F3: The reported acquisition represents the vesting of Stock Options that were granted to the reporting person in January 2014. These options became exercisable on January 28, 2017 based on the Company's positive cumulative net income over the three year performance period.