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AMERICAN EXPRESS CO Director's Dealing 2010

Jan 29, 2010

29774_dirs_2010-01-28_a4dbef96-cdf3-4732-8323-8219b9049d87.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: 2010-01-26

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-26 Common Stock A 13123 Acquired 104133 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-26 Employee Stock Option (Right to Buy) $38.10 A 157480 Acquired 2020-01-26 Common Stock (157480) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4593 Indirect

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