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AMERICAN EXPRESS CO — Director's Dealing 2022
Feb 2, 2022
29774_dirs_2022-02-01_cd1ad49d-2e97-4a99-8459-5d8583597e0e.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: 2022-01-29
Reporting Person: Buckminster Douglas E. (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-29 | Common Stock | A | 38034 | $177.06 | Acquired | 119893.247 | Direct |
| 2022-01-29 | Common Stock | D | 20200 | $177.06 | Disposed | 99693.247 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-29 | Employee Stock Option (Right to Buy) | $100.96 | A | 41078 | Acquired | 2029-01-29 | Common Stock (41078) | Direct |
Footnotes
F1: Represents shares acquired pursuant to vesting of Restricted Stock Units that were granted to the reporting person in January 2019 and have vested based on the Company's 2019-21 average return on 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 reported person on 1/29/2019. These options became exercisable on 1/29/2022 based on the Company's positive cumulative net income over the three year performance period.