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US BANCORP \DE\ Director's Dealing 2007

Oct 19, 2007

29924_dirs_2007-10-19_1f16fcdb-9f01-4da6-9850-b07ece2e5b22.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-10-11

Reporting Person: Parker P.W. (Chief Credit Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.01 par value 31037 Direct
Common Stock, $0.01 par value 872.0862 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (Right to Buy) $19.1001 2011-12-18 Common Stock (12670) Direct
Employee Stock Option (Right to Buy) $21.4938 2012-12-17 Common Stock (15153) Direct
Employee Stock Option (Right to Buy) $28.50 2014-01-20 Common Stock (16603) Direct
Employee Stock Option (Right to Buy) $30.12 2015-02-16 Common Stock (25227) Direct
Employee Stock Option (Right to Buy) $29.97 2016-02-14 Common Stock (24690) Direct
Employee Stock Option (Right to Buy) $36.25 2017-02-13 Common Stock (25187) Direct

Footnotes

F1: Based on a plan report dated October 17, 2007, the most recent plan report available.

F2: The option vested in four equal annual installments beginning on December 18, 2002.

F3: The option vested in four equal annual installments beginning on December 17, 2003.

F4: The option vests in four equal annual installments beginning on January 20, 2005.

F5: The option vests in four equal annual installments beginning on February 16, 2006.

F6: The option vests in four equal annual installments beginning on February 14, 2007.

F7: The option vests in four equal annual installments beginning on February 13, 2008.