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AMERICAN EXPRESS CO Director's Dealing 2010

Oct 4, 2010

29774_dirs_2010-10-04_9a800c96-3263-49df-86c0-2aa39b4f0b11.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2010-09-30

Reporting Person: POPOFF FRANK P (Advisor to the Board)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-30 Share Equivalent Units $ A 438.61 Acquired Common Stock (438.61) Direct

Footnotes

F1: The Share Equivalent Units convert into common stock on a one-for-one basis.

F2: The reported Share Equivalent Units were acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash following termination of service as a Director.

F3: The Share Equivalent Units are convertible immediately and have no expiration date.

F4: Includes Share Equivalent Units acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.