Filing Details
- Accession Number:
- 0001127602-10-027123
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-05 13:00:00
- Reporting Period:
- 2010-11-03
- Filing Date:
- 2010-11-05
- Accepted Time:
- 2010-11-05 16:13:28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 4962 | American Express Co | AXP | Finance Services (6199) | 134922250 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1180524 | I Kenneth Chenault | 3 World Financial Center 200 Vesey St, American Express Tower New York NY 10285 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2010-02-23 | 1,044 | $0.00 | 986,924 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-21 | 375 | $0.00 | 986,549 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-21 | 5,000 | $0.00 | 981,549 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-21 | 2,500 | $0.00 | 979,049 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-24 | 1,000 | $0.00 | 978,049 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-24 | 2,080 | $0.00 | 975,969 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-05-24 | 500 | $0.00 | 975,469 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-08-09 | 570 | $0.00 | 974,899 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2010-11-03 | 228,481 | $38.92 | 1,203,380 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-11-03 | 571,201 | $38.92 | 1,774,581 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-11-03 | 616,897 | $31.94 | 2,391,478 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-03 | 1,277,616 | $41.88 | 1,113,862 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-11-03 | 24,641 | $41.50 | 1,089,221 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-11-03 | 26,600 | $41.51 | 1,062,621 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-11-03 | 89,000 | $42.02 | 973,621 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2010-11-03 | 228,481 | $0.00 | 228,481 | $38.92 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2010-11-03 | 571,201 | $0.00 | 571,201 | $38.92 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2010-11-03 | 616,897 | $0.00 | 616,897 | $31.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2005-02-26 | 2011-02-25 | No | 4 | M | Direct |
| 0 | 2003-02-26 | 2011-02-26 | No | 4 | M | Direct |
| 0 | 2003-01-28 | 2012-01-27 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 22,489 | Indirect | By 401(k) Plan |
| Common Stock | 85,220 | Indirect | By Wife |
| Common Stock | 9,843 | Indirect | Wife As Trustee/custodian |
Footnotes
- Of the 1,416,579 shares acquired pursuant to the option exercises reported above, approximately 1,307,678 shares were sold to cover the cost of exercise and withholding taxes. Mr. Chenault retained 75% of the net shares acquired from these exercises.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.58 to $42.53. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- These shares were originally acquired from previous stock option exercises or restricted stock vestings under registered Company plans or pursuant to dividend reinvestment.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.91 to $42.09. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- 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.
- These options vested in three equal annual installments beginning on the date shown as "Date Exercisable."
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