AMERICAN EXPRESS CO — Director's Dealing 2015

Feb 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2015-02-26

Reporting Person: Silverman Josh (President Consumer Prod & Serv)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-26	Common Stock	M	33426	$50.04	Acquired	63679.35	Direct
2015-02-26	Common Stock	S	30539	$82.8937	Disposed	33140.35	Direct
2015-02-26	Common Stock	S	5530	$82.8937	Disposed	27610.35	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-26	Employee Stock Option (Right to Buy)	$50.04	M	33426	Disposed	2021-07-29	Common Stock (33426)	Direct

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 $82.43 to $83.27. 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 reported disposition represents the sale of shares acquired from restricted stock vestings and/or dividend reinvestment in prior years.