AMERICAN EXPRESS CO — Director's Dealing 2009

Nov 4, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2009-10-30

Reporting Person: Squeri Stephen J (Group Pres., Global Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-30	Common Stock	A	28702	—	Acquired	91010	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-30	Employee Stock Option (Right to Buy)	$34.84	A	229621	Acquired	2019-10-30	Common Stock (229621)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4670	Indirect

Footnotes

F1: Restricted Stock Award will vest 100% after three years subject to the Company's achievement of certain financial performance requirements during the vesting period and other award requirements including continuous employment.

F2: Includes shares acquired pursuant to dividend reinvestment.

F3: 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.

F4: These stock options will become exercisable four years after grant date subject to award requirements including continuous employment.