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US BANCORP \DE\ — Director's Dealing 2008
Nov 5, 2008
29924_dirs_2008-11-05_9864582d-e62a-4ad8-8989-5d1397231205.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-11-04
Reporting Person: CHENEVICH WILLIAM L (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-11-04 | Common Stock, $0.01 par value | M | 69796 | $21.4938 | Acquired | 152233 | Direct |
| 2008-11-04 | Common Stock, $0.01 par value | S | 37398 | $31.70 | Disposed | 114835 | Direct |
| 2008-11-04 | Common Stock, $0.01 par value | S | 32398 | $30.9424 | Disposed | 82437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-11-04 | Employee Stock Option (Right to Buy) | $21.4938 | M | 69796 | Disposed | 2012-12-17 | Common Stock (69796) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 2358.0372 | Indirect |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $30.93 to $30.96 The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2: Based on a plan report dated October 31, 2008, the most recent plan report available.
F3: The option was subject to performance-accelerated vesting. The option vested 25% on each of February 1, 2004 and February 1, 2007. The remaining 50% vested on December 17, 2007.