Raymond Joabar - 29 Jan 2023 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Signature
/s/ Kristina V. Fink, attorney-in-fact
Issuer symbol
AXP
Transactions as of
29 Jan 2023
Net transactions value
+$1,311,279
Form type
4
Filing time
01 Feb 2023, 09:51:28 UTC
Previous filing
16 Aug 2022
Next filing
16 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $2,944,606 +17,089 +136% $172.31 29,644 29 Jan 2023 Direct F1
transaction AXP Common Stock Tax liability $1,633,326 -9,479 -32% $172.31 20,165 29 Jan 2023 Direct F2
holding AXP Common Stock 246 29 Jan 2023 By 401(k)
holding AXP Common Stock 2,818 29 Jan 2023 by Spouse

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 +18,776 $0.000000 18,776 29 Jan 2023 Common Stock 18,776 $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.