US BANCORP \DE\ - Director's Dealing 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-08-12

Reporting Person: GLUCKMAN VICTORIA BUYNISKI (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-12	Common Stock, $0.01 par value	M	10873	$29.218	Acquired	168187	Direct
2008-08-12	Common Stock, $0.01 par value	M	3322	$27.8109	Acquired	171509	Direct
2008-08-12	Common Stock, $0.01 par value	M	956	$27.8109	Acquired	172465	Direct
2008-08-12	Common Stock, $0.01 par value	M	5882	$28.50	Acquired	178347	Direct
2008-08-12	Common Stock, $0.01 par value	M	5894	$30.40	Acquired	184241	Direct
2008-08-12	Common Stock, $0.01 par value	M	4152	$30.00	Acquired	188393	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$29.218	M	10873	Disposed	2009-03-09	Common Stock (10873)	Direct
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$27.8109	M	3322	Disposed	2009-07-01	Common Stock (3322)	Direct
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$27.8109	M	956	Disposed	2009-07-01	Common Stock (956)	Direct
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$28.50	M	5882	Disposed	2014-01-20	Common Stock (5882)	Direct
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$30.40	M	5894	Disposed	2015-01-18	Common Stock (5894)	Direct
2008-08-12	Non-Employee Director Stock Option (Right to Buy)	$30.00	M	4152	Disposed	2016-01-17	Common Stock (4152)	Direct

F1: The option vested in four equal annual installments beginning on March 9, 2000.

F2: The option vested in four equal annual installments beginning on July 1, 2000.

F3: The option vested in four equal annual installments beginning on January 20, 2005.

F4: The option vests in four equal annual installments beginning on January 18, 2006.

F5: The option vests in four equal annual installments beginning on January 17, 2007.