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AMERICAN EXPRESS CO Director's Dealing 2008

Oct 2, 2008

29774_dirs_2008-10-02_aa95b9aa-636b-4246-9f03-546f78c3ac47.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2008-09-22

Reporting Person: Glenn William H (Executive Vice President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 25269 Direct
Common Stock 157 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (Right to Buy) $29.814 2012-09-03 Common Stock (15308) Direct
Employee Stock Option (Right to Buy) $29.239 2013-01-26 Common Stock (34272) Direct
Employee Stock Option (Right to Buy) $43.977 2014-01-25 Common Stock (68544) Direct
Employee Stock Option (Right to Buy) $45.768 2015-01-23 Common Stock (26275) Direct
Employee Stock Option (Right to Buy) $45.768 2015-01-23 Common Stock (34272) Direct
Employee Stock Option (Right to Buy) $48.083 2015-07-24 Common Stock (19421) Direct
Employee Stock Option (Right to Buy) $51.865 2016-01-22 Common Stock (110000) Direct
Employee Stock Option (Right to Buy) $57.77 2017-01-24 Common Stock (200000) Direct
Employee Stock Option (Right to Buy) $57.77 2017-01-24 Common Stock (100000) Direct
Employee Stock Option (Right to Buy) $58.54 2017-07-30 Common Stock (15000) Direct
Employee Stock Option (Right to Buy) $49.13 2018-01-30 Common Stock (115000) Direct
Phantom Stock Units $ Common Stock (138) Direct

Footnotes

F1: 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.

F2: These shares become exercisable in four cumulative annual installments of 25% each beginning on date shown as "Date Exercisable."

F3: These shares become exercisable in three annual installments beginning on date shown as "Date Exercisable."

F4: The units are to be settled following the reporting person's retirement or other termination of service.

F5: The reported phantom stock units were acquired under the Company's Supplemental Retirement Plan.

F6: The phantom stock converts into common stock on a one-for-one basis.