AMERICAN EXPRESS CO — Director's Dealing 2010

Sep 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2010-08-31

Reporting Person: SCHULMAN DANIEL H (Group Pres, Enterprise Growth)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-31	Common Stock	A	119137	—	Acquired	119137	Direct
2010-08-31	Common Stock	A	31351	—	Acquired	150488	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-31	Employee Stock Option (Right to Buy)	$39.87	A	125407	Acquired	2020-08-31	Common Stock (125407)	Direct

Footnotes

F1: The reported acquisition represents the grant of a Restricted Stock Award under the Company's Long Term Incentive Plan. Vesting is subject to award requirements including the Company's achievement of certain financial performance requirements.

F2: These options become exercisable in four equal annual installments beginning on date shown as "Date Exercisable."