Squeri Stephen J's Form 4/A amendment
AmendedAmerican Express Co (AXP) · filed Feb 7, 2022
- Accession no.
- 0001127602-22-003604
- Filed
- Feb 7, 2022
- Trade date
- Jan 31-Feb 1, 2022
- Filing delay
- 7 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Feb 2, 2022
This filing lists 10 non-derivative transactions and 4 derivative transactions. Open-market sales total $47.8M. It was filed 7 days after the trade.
This amendment replaces 0001127602-22-003011 (filed Feb 2, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Squeri Stephen JCIK 0001326109 | Director, Officer (Chairman and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2022 | Common Stock | MOption exerciseAcquired | +26,260 | $0.00 | $0 | 114,797 | Direct | |
| Jan 31, 2022 | Common Stock | MOption exerciseAcquired | +6,777 | $0.00 | $0 | 112,482 | Direct | |
| Jan 31, 2022 | Common Stock | MOption exerciseAcquired | +175,000 | $0.00 | $0 | 287,482 | Direct | |
| Feb 1, 2022 | Common Stock | MOption exerciseAcquired | +59,619 | $0.00 | $0 | 347,101 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −53,264 | $176.94F1 | −$9,424,532.16 | 293,837 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −128,353 | $177.71F2 | −$22,809,611.63 | 165,484 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −26,420 | $178.36F3 | −$4,712,271.2 | 139,064 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −18,593 | $181.22F4 | −$3,369,423.46 | 120,471 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −22,757 | $182.32F5 | −$4,149,056.24 | 97,714 | Direct | |
| Feb 1, 2022 | Common Stock | SSaleDisposed | −18,269 | $182.81F6 | −$3,339,755.89 | 79,445 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2022 | Common Stock | MOption exerciseDisposed | −26,260 | $0.00 | $0 | 0 | Direct | |
| Jan 31, 2022 | Common Stock | MOption exerciseDisposed | −6,777 | $0.00 | $0 | 0 | Direct | |
| Jan 31, 2022 | Common Stock | MOption exerciseDisposed | −175,000 | $0.00 | $0 | 59,619 | Direct | |
| Feb 1, 2022 | Common Stock | MOption exerciseDisposed | −59,619 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.31 to $177.30. 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.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.3050 to $178.2879. 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.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.29 to $178.49. 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.
Referenced by the price of 1 transaction in Table I.
- F4
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.74 to $181.71. 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.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.72 to $182.62. 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.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.63 to $183.0763. 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.
Referenced by the price of 1 transaction in Table I.
- F7
Includes shares acquired pursuant to dividend reinvestment.
- F8
Includes shares acquired pursuant to dividend reinvestment.
- F9
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.
Remarks
The original Form 4, filed on February 2, 2022, is being amended by this Form 4 amendment to correct the amount of shares in the reporting person's GRAT that had included 9,092 shares as a result of a technical error. The reporting person made a gift of 9,092 shares of common stock and reported such gift on a Form 4 on February 1, 2022. After selling shares of common stock the following day, a software error inadvertently added back the 9,092 gifted shares into the reporting person's GRAT.