AMERICAN EXPRESS CO — Director's Dealing 2011

Nov 14, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2011-11-03

Reporting Person: Williams Anre D (Pres. Global Merchant Services)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	63616	Direct
Common Stock	9.08	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$43.977	2014-01-26	Common Stock (22848)		Direct
Employee Stock Option (Right to Buy)	$45.768	2015-01-24	Common Stock (30845)		Direct
Employee Stock Option (Right to Buy)	$51.865	2016-01-23	Common Stock (29700)		Direct
Employee Stock Option (Right to Buy)	$57.77	2017-01-25	Common Stock (30000)		Direct
Employee Stock Option (Right to Buy)	$58.54	2017-07-31	Common Stock (20000)		Direct
Employee Stock Option (Right to Buy)	$49.13	2018-01-31	Common Stock (50000)		Direct
Employee Stock Option (Right to Buy)	$16.71	2019-01-29	Common Stock (61999)		Direct
Employee Stock Option (Right to Buy)	$34.84	2019-10-30	Common Stock (86108)		Direct
Employee Stock Option (Right to Buy)	$38.10	2020-01-26	Common Stock (27560)		Direct
Employee Stock Option (Right to Buy)	$44.54	2021-01-27	Common Stock (29188)		Direct
Phantom Stock Units	$		Common Stock (59.85)		Direct

Footnotes

F1: 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.

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

F3: These options become exercisable in four equal annual installments beginning on date shown as "Date Exercisable."

F4: The units are to be settled following the reporting person's retirement or other termination of service.

F5: The phantom stock converts into common stock on a one-for-one basis.