Edgar Filing: AMAZON COM INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Kessel Steven

2. Issuer Name and Ticker or Trading Symbol
AMAZON COM INC [AMZN]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Senior Vice President

(Last)

(First)

(Middle)

P.O. BOX 81226

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2008

(Street)

SEATTLE, WA 98108-1226

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.01 per share	05/15/2008		M		1,360	A	$ 0	1,360	D
Common Stock, par value $.01 per share	05/15/2008		M		8,925	A	$ 0	10,285	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		700	D	$ 73.55	9,585	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.56	9,385	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		100	D	$ 73.62	9,285	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.63	9,085	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		300	D	$ 73.64	8,785	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.65	8,585	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.68	8,385	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		1,100	D	$ 73.69	7,285	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		600	D	$ 73.7	6,685	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		770	D	$ 73.71	5,915	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.74	5,715	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		966	D	$ 73.76	4,749	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.77	4,549	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		34	D	$ 73.78	4,515	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		100	D	$ 73.8	4,415	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		300	D	$ 73.81	4,115	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 73.83	3,915	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		423	D	$ 73.86	3,492	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		77	D	$ 73.87	3,415	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		300	D	$ 73.89	3,115	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		700	D	$ 73.9	2,415	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		500	D	$ 73.94	1,915	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		615	D	$ 73.95	1,300	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		200	D	$ 74	1,100	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		100	D	$ 74.102	1,000	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		600	D	$ 74.13	400	D
Common Stock, par value $.01 per share	05/15/2008		S⁽¹⁾		400	D	$ 74.14	0	D
Common Stock, par value $.01 per share								296.402	I	Held by the reporting person's Amazon.com 401(k) plan account

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Unit Award

$ 0 ⁽²⁾

05/15/2008

1,360

01/09/2006⁽³⁾

02/15/2009

Common Stock, par value $.01 per share

1,360

$ 0

4,078

Restricted Stock Unit Award

$ 0 ⁽²⁾

05/15/2008

8,925

11/15/2006⁽⁴⁾

02/15/2010

Common Stock, par value $.01 per share

8,925

$ 0

62,447

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Kessel Steven P.O. BOX 81226 SEATTLE, WA 98108-1226			Senior Vice President

Signatures

/s/ Steven Kessel, Senior Vice President		05/19/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
(2)	Converts into Common Stock on a one-for one basis.
(3)	25% of this award was vested at the time the reporting person filed their Form 3, and subject to the reporting person's continued employment with the issuer, will vest and convert into shares of common stock of the issuer at the rate of 7.50% on November 15, 2006 and an additional 7.50% for each 3-month period thereafter through February 15, 2009.
(4)	Subject to the reporting person's continued employment with the issuer and the satisfaction of certain business criteria intended to qualify the award as tax-deductible compensation under Section 162(m) of the Internal Revenue Code, this award vests and converts into shares of common stock at the rate of 10.00% on November 15, 2006, 5.87% on May 15, 2007, 5.83% on August 15, 2007 and an additional 5.83% for each 3-month period thereafter through February 15, 2008, 8.33% on May 15, 2008 and an additional 8.33% for each 3-month period thereafter through February 15, 2010.

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