Douglas E. Buckminster - Jan 29, 2023 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Role
Vice Chairman
Signature
/s/ Kristina V. Fink, attorney-in-fact
Stock symbol
AXP
Transactions as of
Jan 29, 2023
Transactions value $
$3,349,189
Form type
4
Date filed
2/1/2023, 09:14 AM
Previous filing
Dec 7, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $7.16M +41.6K +41.99% $172.31 141K Jan 29, 2023 Direct F1
transaction AXP Common Stock Tax liability -$3.82M -22.1K -15.75% $172.31 118K Jan 29, 2023 Direct F2
holding AXP Common Stock 0 Jan 29, 2023 By GRAT
holding AXP Common Stock 0 Jan 29, 2023 401(k) Trust

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 +45.7K $0.00 45.7K Jan 29, 2023 Common Stock 45.7K $131.68 Direct F3
* 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 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.