Anre D. Williams - Jan 29, 2022 Form 4/A - Amendment Insider Report for AMERICAN EXPRESS CO (AXP)

Role
Group Pres., Enterprise Serv.
Signature
/s/ Kristina V. Fink, attorney-in-fact
Stock symbol
AXP
Transactions as of
Jan 29, 2022
Transactions value $
-$2,787,456
Form type
4/A - Amendment
Date filed
2/7/2022, 05:21 PM
Date Of Original Report
Feb 1, 2022
Previous filing
Nov 18, 2021
Next filing
Feb 9, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $0 +32.5K +33.35% $0.00 130K Jan 29, 2022 Direct F1
transaction AXP Common Stock Tax liability -$2.79M -15.7K -12.12% $177.06 114K Jan 29, 2022 Direct F2
holding AXP Common Stock 10.3 Jan 29, 2022 by 401(k) Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXP Employee Stock Option (Right to Buy) Award $0 +35.1K $0.00 35.1K Jan 29, 2022 Common Stock 35.1K $100.96 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F4 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.

Remarks:

The original Form 4, filed on February 1, 2022, is being amended by this Form 4 amendment to include shares held in the reporting person's account under the Company's Retirement Savings Plan (as reflected in the footnote above) that were inadvertently omitted in the original filing.