Stephen J. Squeri - 29 Jan 2023 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Role: Chairman and CEO, Director
Signature: /s/ Kristina V. Fink, attorney-in-fact
Issuer symbol: AXP
Transactions as of: 29 Jan 2023
Transactions value $: $8,765,927
Form type: 4
Filing time: 31 Jan 2023, 20:55:05 UTC
Previous filing: 29 Apr 2022
Next filing: 31 Jan 2024
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	$17.6M	+102K	+326.63%	$172.31	133K	29 Jan 2023	Direct	F1
transaction	AXP	Common Stock	Tax liability	-$8.84M	-51.3K	-38.45%	$172.31	82.2K	29 Jan 2023	Direct	F2
holding	AXP	Common Stock						126	29 Jan 2023	401(k) Trust	F3
holding	AXP	Common Stock						0	29 Jan 2023	trusts fbo children

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	+112K		$0.00	112K	29 Jan 2023	Common Stock	112K	$131.68	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 January 2020 and have vested based upon the satisfaction of performance criteria specified for the award at time of grant.
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 1/29/2020. These options became exercisable on 1/29/2023 based on the Company's positive cumulative net income over the three year performance period.