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Filing Details

Accession Number:: 0001127602-14-008709
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-26 17:09:44
Reporting Period:: 2014-02-26

Filing Date:: 2014-02-26
Accepted Time:: 2014-02-26 17:09:44
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-02-26	425,000	$51.87	1,177,493	No	4	M	Direct
Common Stock	Acquisiton	2014-02-26	312,500	$57.77	1,489,993	No	4	M	Direct
Common Stock	Disposition	2014-02-26	666,615	$89.66	823,378	No	4	S	Direct
Common Stock	Disposition	2014-02-26	50,280	$90.26	773,098	No	4	S	Direct
Common Stock	Disposition	2014-02-26	39,328	$89.37	733,770	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2014-02-26	425,000	$0.00	425,000	$51.87
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2014-02-26	312,500	$0.00	312,500	$57.77

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-01-23	2016-01-23	No	4	M	Direct
312,500	2008-01-25	2017-01-24	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	26,148	Indirect	By Wife
Common Stock	4,158	Indirect	Wife As Trustee/custodian
Common Stock	59,122	Indirect	by trust fbo children
Common Stock	67,568	Indirect	by trust fbo children
Common Stock	2,850	Indirect	by son
Common Stock	23,610	Indirect	By 401(k) Plan

Footnotes

The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercises reported above, the sale of 50% of the net shares acquired from these exercises, and the sale of net shares from previous restricted stock vestings.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.21 to $90.20. 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.21 to $90.35. 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.
The reported disposition represents the sale of shares acquired from restricted stock vestings and/or stock option exercises in prior years.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.275 to $89.70. 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.
The reporting person will retain 50% of the net shares from the stock option exercises reported above for one year in accordance with the Company's retention guidelines for executive officers.
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 became exercisable in four equal annual installments beginning on date shown as "Date Exercisable."
One-half of the options exercised became exercisable on 1/25/2008, and one-half became exercisable on 1/25/2009.