AMERICAN EXPRESS CO — Director's Dealing 2015

May 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2015-05-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-27	Common Stock	M	400000	$57.77	Acquired	540235.711	Direct
2015-05-27	Common Stock	M	65000	$49.13	Acquired	605235.711	Direct
2015-05-27	Common Stock	S	431913	$80.00	Disposed	173322.711	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-27	Employee Stock Option (Right to Buy)	$57.77	M	400000	Disposed	2017-01-24	Common Stock (400000)	Direct
2015-05-27	Employee Stock Option (Right to Buy)	$49.13	M	65000	Disposed	2018-01-30	Common Stock (65000)	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 exercises reported above and the sale of 50% of the net shares acquired from these exercises; 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 $79.86 to $80.17. 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: The reporting person's end of period holdings reflects a prior transfer of shares pursuant to a domestic relations order.

F4: Shares held in reporting person's account under the Company's Incentive 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.

F5: These options became exercisable in three equal annual installments beginning on date shown as "Date Exercisable."

F6: One half of these options became exercisable on 1/31/2011 and the other on 1/31/2012.