AMERICAN EXPRESS CO — Director's Dealing 2017

Jan 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2017-01-10

Reporting Person: Cox L Kevin (Chief Human Resources Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-10	Common Stock	M	26157	$49.13	Acquired	30090	Direct
2017-01-10	Common Stock	S	23819	$78.00	Disposed	6271	Direct
2017-01-10	Common Stock	M	22181	$38.10	Acquired	28452	Direct
2017-01-10	Common Stock	S	19438	$78.00	Disposed	9014	Direct
2017-01-10	Common Stock	S	11317	$78.00	Disposed	10751	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-10	Employee Stock Option (Right to Buy)	$49.13	M	26157	Disposed	2018-01-30	Common Stock (26157)	Direct
2017-01-10	Employee Stock Option (Right to Buy)	$38.10	M	22181	Disposed	2020-01-26	Common Stock (22181)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22359	Indirect
Common Stock	52.63	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: 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.

F3: 9,597 of the options exercised became exercisable on 1/31/2010; the balance became exercisable on 1/31/2011.

F4: 21,653 of the options exercised became exercisable on 1/26/2011; the balance became exercisable on 1/26/2012.