XNYS:AXP American Express Co Insider Activity 4 Filing - 2/29/2012

Effective Date 2/29/2012

XNYS:AXP (American Express Co): Fair Value Estimate
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XNYS:AXP (American Express Co): Consider Buying
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XNYS:AXP (American Express Co): Consider Selling
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XNYS:AXP (American Express Co): Fair Value Uncertainty
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XNYS:AXP (American Express Co): Economic Moat
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XNYS:AXP (American Express Co): Stewardship
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GILLIGAN EDWARD P
  2. Issuer Name and Ticker or Trading Symbol
AMERICAN EXPRESS CO [AXP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman
(Last)
(First)
(Middle)
3 WORLD FINANCIAL CENTER, 200 VESEY ST, AMERICAN EXPRESS TOWER
3. Date of Earliest Transaction (Month/Day/Year)
02/29/2012
(Street)

NEW YORK, NY 10285
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/29/2012   M   185,069 A $29.239 432,586 D  
Common Stock 02/29/2012   M   50,000 A $16.71 482,586 D  
Common Stock 02/29/2012   S(1)   205,845 D $53.2585(3) 276,741 D  
Common Stock 02/29/2012   S(2)   20,000 D $53.1916(4) 256,741 D  
Common Stock               1,614(5) I 401(k) Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $29.239 02/29/2012   M     185,069 01/27/2004(6) 01/26/2003 Common Stock 185,069 $ 0 0 D  
Employee Stock Option (Right to Buy) $16.71 02/29/2012   M     50,000 01/29/2010 01/28/2019 Common Stock 50,000 $ 0 285,128 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GILLIGAN EDWARD P
3 WORLD FINANCIAL CENTER
200 VESEY ST, AMERICAN EXPRESS TOWER
NEW YORK, NY 10285
      Vice Chairman  

Signatures

 /s/ Michael G. Kuchs, attorney-in-fact   03/01/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock options exercises reported above and the sale of 50% of the net shares acquired from these exercises; Mr. Gilligan will retain the balance of the net shares in accordance with the Company's retention guidelines for executive officers.
(2) The reported disposition represents the sale of shares acquired from restricted stock vestings and/or stock option exercises in prior years.
(3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.15 to $53.325. 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.
(4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.14 to $53.2711. 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.
(5) 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.
(6) These options became exercisable in four equal annual installments beginning on date shown as "Date Exercisable."

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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XNYS:AXP American Express Co Insider Activity 4 Filling

American Express Co XNYS:AXP Stock - Get Insider Activity SEC Filing of American Express Co XNYS:AXP stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNYS:AXP American Express Co Insider Activity 4 Filing - 2/29/2012
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