Stephen J. Squeri - Jan 29, 2022 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Role
Chairman and CEO, Director
Signature
/s/ Kristina V. Fink, attorney-in-fact
Stock symbol
AXP
Transactions as of
Jan 29, 2022
Transactions value $
$8,527,210
Form type
4
Date filed
2/1/2022, 08:54 PM
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $17.1M +96.7K +239.42% $177.06 137K Jan 29, 2022 Direct F1
transaction AXP Common Stock Disposed to Issuer -$8.59M -48.5K -35.4% $177.06 88.5K Jan 29, 2022 Direct F2
transaction AXP Common Stock Gift -9.09K -3.07% 287K Jan 31, 2022 Direct F3
holding AXP Common Stock 38.8K Jan 29, 2022 by 2020 GRAT F4
holding AXP Common Stock 128K Jan 29, 2022 by GRAT F5
holding AXP Common Stock 123 Jan 29, 2022 401(k) Trust F6

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 +104K $0.00 104K Jan 29, 2022 Common Stock 104K $100.96 Direct F7
* 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 The reported disposition represents a bona fide charitable gift made by the reporting person.
F4 Includes shares acquired pursuant to dividend reinvestment.
F5 Includes shares acquired pursuant to dividend reinvestment.
F6 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.
F7 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.