Pickett Denise's Form 4/A amendment
AmendedAmerican Express Co (AXP) · filed Feb 7, 2022
- Accession no.
- 0001127602-22-003615
- Filed
- Feb 7, 2022
- Trade date
- Jan 29-Feb 3, 2022
- Filing delay
- 9 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Feb 1, 2022
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.29M. It was filed 9 days after the trade.
This amendment replaces 0001127602-22-002873 (filed Feb 1, 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 |
|---|---|
| Pickett DeniseCIK 0001730101 | Officer (Pres., GSG and TLS) |
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 29, 2022 | Common Stock | AGrant or awardAcquired | +15,451 | $0.00 | $0 | 31,095.83 | Direct | |
| Jan 29, 2022 | Common Stock | FTax withholdingDisposed | −8,351 | $177.06 | −$1,478,628.06 | 22,806.09 | Direct | |
| Feb 3, 2022 | Common Stock | SSaleDisposed | −7,000 | $183.96 | −$1,287,720 | 15,806.09 | 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 29, 2022 | Common Stock | AGrant or awardAcquired | +16,688 | $0.00 | $0 | 16,688 | 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
Represents shares acquired pursuant to vesting of Restricted Stock Units that were granted to the reporting person in January 2019 and have vested based on the Company's 2019-21 average return on equity performance.
- F2
The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.
- F3
Includes shares acquired pursuant to dividend reinvestment.
- F4
Includes shares held in the reporting person's account under the Company's Employee Stock Ownership Plan.
- F5
The reported acquisition represents the vesting of Stock Options that were granted to the reported person on 1/29/2019. These options became exercisable on 1/29/2022 based on the Company's positive cumulative net income over the three year performance period.
Remarks
The original Form 4, filed on February 1, 2022, is being amended by this Form 4 amendment to include shares acquired pursuant to dividend reinvestment and shares held in the reporting person's account under the Company's Employee Stock Ownership Plan (as reflected in the footnotes above) that were inadvertently omitted in the original filing.