0001127602-14-025025.txt : 20140811
0001127602-14-025025.hdr.sgml : 20140811
20140808153016
ACCESSION NUMBER: 0001127602-14-025025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140806
FILED AS OF DATE: 20140808
DATE AS OF CHANGE: 20140808
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: GILLIGAN EDWARD P
CENTRAL INDEX KEY: 0001209444
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07657
FILM NUMBER: 141027281
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
2014-08-06
0000004962
AMERICAN EXPRESS CO
AXP
0001209444
GILLIGAN EDWARD P
3 WORLD FINANCIAL CENTER
200 VESEY ST, AMERICAN EXPRESS TOWER
NEW YORK
NY
10285
1
President, American Express Co
Common Stock
2014-08-06
4
M
0
150000
57.77
A
279200
D
Common Stock
2014-08-06
4
M
0
225000
58.54
A
504200
D
Common Stock
2014-08-06
4
S
0
345322
86.2419
D
158878
D
Common Stock
2014-08-06
4
S
0
11820
86.2419
D
147058
D
Common Stock
1651
I
401(k) Trust
Employee Stock Option (Right to Buy)
57.77
2014-08-06
4
M
0
150000
0
D
2008-01-25
2017-01-24
Common Stock
150000
0
D
Employee Stock Option (Right to Buy)
58.54
2014-08-06
4
M
0
225000
0
D
2010-07-31
2017-07-31
Common Stock
225000
225000
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 and the sale of 50% of the net shares acquired from these exercises; Mr. Gilligan will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.00 to $86.61. 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 one-half of the net shares acquired from restricted stock vestings in January 2014; Mr. Gilligan will continue to retain the remaining net shares for one year from the date of vesting in accordance with the Company's retention requirements.
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."
These options became exercisable in three equal annual installments beginning on the date shown as "Date Exercisable."
/s/ Michael G. Kuchs, attorney-in-fact
2014-08-08