AMERICAN EXPRESS CO — Director's Dealing 2017

Jan 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2017-01-28

Reporting Person: Bush James Peter (President, GNICS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-28	Common Stock	A	9453	$76.85	Acquired	80815.6239	Direct
2017-01-28	Common Stock	F	3568	$76.85	Disposed	77247.6239	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-28	Employee Stock Option (Right to Buy)	$86.64	A	9453	Acquired	2024-01-28	Common Stock (9453)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6758.66	Indirect

Footnotes

F1: Represents shares acquired pursuant to vesting of Restricted Stock Units ("performance units") that were granted to the reporting person in January 2014 and have vested based on the Company's 2014-16 return on average equity performance.

F2: The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.

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: The reported acquisition represents the vesting of Stock Options that were granted to the reporting person in January 2014. These options became exercisable on January 28, 2017 based on the Company's positive cumulative net income over the three year performance period.