AMERICAN EXPRESS CO — Director's Dealing 2009

Dec 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2009-12-16

Reporting Person: Linville Judson C (CEO, U.S. Consumer Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-16	Common Stock	M	47981	$38.224	Acquired	102065	Direct
2009-12-16	Common Stock	S	47091	$41.32	Disposed	54974	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-16	Employee Stock Option (Right to Buy)	$38.224	M	47981	Disposed	2010-02-27	Common Stock (47981)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2811	Indirect
Common Stock	28.42	Indirect

Footnotes

F1: 46,202 of these shares were sold to cover the cost of exercise and taxes due upon the exercise of employee stock options.

F2: 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.

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