AMERICAN EXPRESS CO 4
4 · AMERICAN EXPRESS CO · Filed Feb 28, 2014
Insider Transaction Report
Form 4
SCHICK THOMAS A
EVP-Corp. Affairs
Transactions
- Exercise/Conversion
Common Stock
2014-02-28$57.77/sh+115,000$6,643,550→ 152,954.537 total - Exercise/Conversion
Common Stock
2014-02-28$49.13/sh+115,000$5,649,950→ 267,954.537 total - Sale
Common Stock
2014-02-28$91.26/sh−208,840$19,059,511→ 59,114.537 total - Sale
Common Stock
2014-02-28$91.08/sh−21,160$1,927,194→ 37,954.537 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2014-02-28−115,000→ 0 totalExercise: $57.77From: 2008-01-25Exp: 2017-01-24→ Common Stock (115,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2014-02-28−115,000→ 0 totalExercise: $49.13From: 2009-01-31Exp: 2018-01-30→ Common Stock (115,000 underlying)
Holdings
- 1,115(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 50% of the net shares acquired from this exercise; the reporting person will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.01 to $91.64. 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.
- [F3]The reported disposition represents the sale of shares acquired from previous restricted stock vestings, stock option exercises and/or dividend reinvestment.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.02 to $91.18. 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.
- [F5]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.
- [F6]These options became exercisable in four equal annual installments beginning on date shown as "Date Exercisable."