AMERICAN EXPRESS CO — Director's Dealing 2015

Aug 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2015-07-30

Reporting Person: Squeri Stephen J (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-30	Common Stock	M	229621	$34.84	Acquired	403103.443	Direct
2015-07-30	Common Stock	S	199474	$76.00	Disposed	203629.443	Direct
2015-07-30	Common Stock	S	20000	$76.00	Disposed	183629.443	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-30	Employee Stock Option (Right to Buy)	$34.84	M	229621	Disposed	2019-10-30	Common Stock (229621)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	113.83	Indirect

Footnotes

F1: The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 50% of the net shares acquired from this exercise; the reporting person will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.84 to $76.18. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F3: These shares were originally acquired from previous stock option exercises or restricted stock vestings under registered Company plans or pursuant to dividend reinvestment.

F4: The reporting person's end of period holdings reflects a prior transfer of shares pursuant to a domestic relations order.

F5: 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.