AMERICAN EXPRESS CO — Director's Dealing 2011

Nov 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2011-11-14

Reporting Person: Buckminster Douglas E. (Pres, Int'l Consumer & SBS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-14	Common Stock	M	39984	$31.941	Acquired	124578.612	Direct
2011-11-14	Common Stock	F	31979	$49.45	Disposed	92599.612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-14	Employee Stock Option (Right to Buy)	$31.941	M	39984	Disposed	2012-01-27	Common Stock (39984)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11815	Indirect

Footnotes

F1: The reported disposition represents the surrender of previously owned shares to satisfy the cost of exercise and the surrender of newly acquired shares to satisfy tax obligations arising from the exercise of employee stock options.

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 options became exercisable in three equal annual installments beginning on the date shown as "Date Exercisable."