William F. Truscott - 27 Jan 2023 Form 4 Insider Report for AMERIPRISE FINANCIAL INC (AMP)

Role
CEO, GLOBAL ASSET MANAGEMENT
Signature
/s/ Wendy B. Mahling for William Fredrick Truscott
Issuer symbol
AMP
Transactions as of
27 Jan 2023
Transactions value $
-$7,327,924
Form type
4
Filing time
31 Jan 2023, 19:00:48 UTC
Previous filing
22 Sep 2022
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMP Common Stock Options Exercise $3.8M +30.8K +293.98% $123.37 41.3K 27 Jan 2023 Direct
transaction AMP Common Stock Tax liability -$6.72M -19.4K -64.85% $347.36 10.5K 27 Jan 2023 Direct F1
transaction AMP Common Stock Sale -$3.99M -11.5K -41.39% $347.69 16.3K 27 Jan 2023 By LLC F1, F2
transaction AMP Common Stock Award $0 +3.06K +29.14% $0.00 13.5K 27 Jan 2023 Direct
transaction AMP Common Stock Tax liability -$164K -476 -3.69% $344.45 12.4K 28 Jan 2023 Direct F1
transaction AMP Common Stock Tax liability -$252K -732 -6.42% $344.45 10.7K 29 Jan 2023 Direct F1
holding AMP Common Stock 297 27 Jan 2023 By 401(k) Plan 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 AMP Employee Stock Option (right to buy) Options Exercise $0 -30.8K -100% $0.00* 0 27 Jan 2023 Common Stock 30.8K $123.37 Direct F4
transaction AMP Employee Stock Option (right to buy) Award $0 +8.98K $0.00 8.98K 27 Jan 2023 Common Stock 8.98K $344.45 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The balances reflect the transfer of the shares remaining following the forfeiture of shares to satisfy tax withholding upon vesting to the reporting person's indirect LLC holdings.
F2 Reflects the weighted average price of 11,483 shares of common stock of Ameriprise Financial, Inc. sold by the reporting person in multiple transactions on January 27, 2023 with sale prices ranging from $347.2426 to $348.2063 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Estimate of the number of shares held in the reporting person's account in the Ameriprise Financial Stock Fund under the Ameriprise Financial 401(k) plan as of January 27, 2023. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Ameriprise stock.
F4 Fully vested.
F5 One-third of the options vest after one year; one-third of the options vest after two years and the final options vest three years from January 27, 2023.