0001127602-14-008709.txt : 20140226 0001127602-14-008709.hdr.sgml : 20140226 20140226170944 ACCESSION NUMBER: 0001127602-14-008709 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140226 FILED AS OF DATE: 20140226 DATE AS OF CHANGE: 20140226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS CO CENTRAL INDEX KEY: 0000004962 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 134922250 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 VESEY STREET STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2126402000 MAIL ADDRESS: STREET 1: 200 VESEY STREET STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHENAULT KENNETH I CENTRAL INDEX KEY: 0001180524 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07657 FILM NUMBER: 14645525 MAIL ADDRESS: STREET 1: AMERICAN EXPRESS COMPANY STREET 2: 200 VESEY STREET CITY: NEW YORK STATE: NY ZIP: 10285 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-02-26 0000004962 AMERICAN EXPRESS CO AXP 0001180524 CHENAULT KENNETH I 3 WORLD FINANCIAL CENTER 200 VESEY ST, AMERICAN EXPRESS TOWER NEW YORK NY 10285 1 1 Chief Executive Officer Common Stock 2014-02-26 4 M 0 425000 51.865 A 1177493 D Common Stock 2014-02-26 4 M 0 312500 57.77 A 1489993 D Common Stock 2014-02-26 4 S 0 666615 89.6557 D 823378 D Common Stock 2014-02-26 4 S 0 50280 90.2582 D 773098 D Common Stock 2014-02-26 4 S 0 39328 89.3746 D 733770 D Common Stock 26148 I By Wife Common Stock 4158 I Wife As Trustee/custodian Common Stock 59122 I by trust fbo children Common Stock 67568 I by trust fbo children Common Stock 2850 I by son Common Stock 23610 I By 401(k) Plan Employee Stock Option (Right to Buy) 51.865 2014-02-26 4 M 0 425000 0 D 2007-01-23 2016-01-23 Common Stock 425000 0 D Employee Stock Option (Right to Buy) 57.77 2014-02-26 4 M 0 312500 0 D 2008-01-25 2017-01-24 Common Stock 312500 312500 D 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. Prior to the transactions reported on this Form 4, Mr. Chenault directly and indirectly beneficially owned a total of 935,949 common shares. After the transactions reported on this Form 4, Mr. Chenault directly and indirectly beneficially owned a total of 917,226 common shares. /s/ Michael G. Kuchs, attorney-in-fact 2014-02-26