Edgar Filing: Squeri Stephen J

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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 ^*

Â Squeri Stephen J

2. Date of Event Requiring Statement (Month/Day/Year)
05/02/2005

3. Issuer Name and Ticker or Trading Symbol
AMERICAN EXPRESS CO [AXP]

(Last)

(First)

(Middle)

200 VESEY STREET

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
EVP, Chief Information Officer

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10285

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 Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	63,779	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	02/23/2003⁽¹⁾	02/22/2008	Common Stock	23,800	$ 29.302	D	Â
Employee Stock Option (right to buy)	02/23/2000⁽²⁾	02/22/2008	Common Stock	9,100	$ 29.302	D	Â
Employee Stock Option (right to buy)	02/22/2001⁽³⁾	02/21/2009	Common Stock	21,000	$ 35.292	D	Â
Employee Stock Option (right to buy)	02/28/2002⁽³⁾	02/27/2010	Common Stock	24,000	$ 43.667	D	Â
Employee Stock Option (right to buy)	07/24/2002⁽³⁾	07/23/2010	Common Stock	12,000	$ 57.969	D	Â
Employee Stock Option (right to buy)	02/26/2003⁽³⁾	02/25/2011	Common Stock	65,000	$ 44.465	D	Â
Employee Stock Option (right to buy)	11/18/2001	02/25/2006	Common Stock	7,973	$ 43.755	D	Â
Employee Stock Option (right to buy)	01/28/2003⁽³⁾	01/27/2012	Common Stock	70,000	$ 36.49	D	Â
Employee Stock Option (right to buy)	01/27/2004⁽⁴⁾	01/26/2013	Common Stock	63,000	$ 33.403	D	Â
Employee Stock Option (right to buy)	12/26/2003	02/23/2007	Common Stock	7,420	$ 42.42	D	Â
Employee Stock Option (right to buy)	01/26/2005⁽⁴⁾	01/25/2014	Common Stock	66,000	$ 50.24	D	Â
Employee Stock Option (right to buy)	08/19/2004	02/22/2008	Common Stock	5,209	$ 53.565	D	Â
Employee Stock Option (right to buy)	08/19/2004	07/27/2007	Common Stock	2,011	$ 53.565	D	Â
Employee Stock Option (right to buy)	08/19/2004	02/23/2007	Common Stock	689	$ 53.565	D	Â
Employee Stock Option (right to buy)	03/29/2005	02/22/2008	Common Stock	16,481	$ 51.065	D	Â
Employee Stock Option (right to buy)	01/24/2006⁽⁴⁾	01/23/2015	Common Stock	23,000	$ 52.285	D	Â
Employee Stock Option (right to buy)	01/24/2006⁽⁴⁾	01/23/2015	Common Stock	60,000	$ 52.285	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Squeri Stephen J 200 VESEY STREET NEW YORK,Â NYÂ 10285	Â	Â	Â EVP, Chief Information Officer	Â

Signatures

/s/ Stephen P. Norman, Attorney-In-Fact		05/10/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	8,200 of these options became exercisable on 2/23/2003; the balance became exercisable on 2/23/2004.
(2)	3,600 of these options became exercisable on 2/23/2000; the balance became exercisable on 2/23/2001.
(3)	These options will vest in three equal annual installments beginning on the date shown as "Date Exercisable" subject to continuous employment.
(4)	These options will vest in four equal annual installments beginning on the date shown as "Date Exercisable" subject to continuous employment.
Â Remarks: ExhibitÂ List ExhibitÂ 24Â Â Â Â Â SqueriÂ PowerÂ ofÂ Attorney

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