US BANCORP \DE\ — Director's Dealing 2008

Jul 18, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-07-17

Reporting Person: GLUCKMAN VICTORIA BUYNISKI (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-17	Common Stock, $0.01 par value	M	503	$25.4519	Acquired	83969	Direct
2008-07-17	Common Stock, $0.01 par value	M	6947	$21.2306	Acquired	90916	Direct
2008-07-17	Common Stock, $0.01 par value	M	6041	$20.7961	Acquired	96957	Direct
2008-07-17	Common Stock, $0.01 par value	M	1057	$23.2171	Acquired	98014	Direct
2008-07-17	Common Stock, $0.01 par value	M	705	$20.734	Acquired	98719	Direct
2008-07-17	Common Stock, $0.01 par value	M	629	$22.4101	Acquired	99348	Direct
2008-07-17	Common Stock, $0.01 par value	M	8961	$21.541	Acquired	108309	Direct
2008-07-17	Common Stock, $0.01 par value	M	1158	$23.2792	Acquired	109467	Direct
2008-07-17	Common Stock, $0.01 par value	M	8860	$23.2792	Acquired	118327	Direct
2008-07-17	Common Stock, $0.01 par value	M	6141	$23.1824	Acquired	124468	Direct
2008-07-17	Common Stock, $0.01 par value	M	1259	$23.0433	Acquired	125727	Direct
2008-07-17	Common Stock, $0.01 par value	M	629	$23.1526	Acquired	126356	Direct
2008-07-17	Common Stock, $0.01 par value	M	881	$21.8713	Acquired	127237	Direct
2008-07-17	Common Stock, $0.01 par value	M	8658	$20.6397	Acquired	135895	Direct
2008-07-17	Common Stock, $0.01 par value	M	9212	$20.6397	Acquired	145107	Direct
2008-07-17	Common Stock, $0.01 par value	M	1510	$20.6397	Acquired	146617	Direct
2008-07-17	Common Stock, $0.01 par value	M	805	$22.0103	Acquired	147422	Direct
2008-07-17	Common Stock, $0.01 par value	M	1384	$23.0234	Acquired	148806	Direct
2008-07-17	Common Stock, $0.01 par value	M	1259	$18.822	Acquired	150065	Direct
2008-07-17	Common Stock, $0.01 par value	M	7249	$21.4938	Acquired	157314	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$25.4519	M	503	Disposed	2009-10-01	Common Stock (503)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$21.2306	M	6947	Disposed	2009-12-14	Common Stock (6947)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$20.7961	M	6041	Disposed	2010-01-03	Common Stock (6041)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.2171	M	1057	Disposed	2010-04-03	Common Stock (1057)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$20.734	M	705	Disposed	2010-07-03	Common Stock (705)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$22.4101	M	629	Disposed	2010-10-02	Common Stock (629)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$21.541	M	8961	Disposed	2010-12-12	Common Stock (8961)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.2792	M	1158	Disposed	2011-01-02	Common Stock (1158)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.2792	M	8860	Disposed	2011-01-02	Common Stock (8860)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.1824	M	6141	Disposed	2011-02-27	Common Stock (6141)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.0433	M	1259	Disposed	2011-04-02	Common Stock (1259)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.1526	M	629	Disposed	2011-07-02	Common Stock (629)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$21.8713	M	881	Disposed	2011-10-01	Common Stock (881)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$20.6397	M	8658	Disposed	2012-01-02	Common Stock (8658)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$20.6397	M	9212	Disposed	2012-01-02	Common Stock (9212)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$20.6397	M	1510	Disposed	2012-01-02	Common Stock (1510)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$22.0103	M	805	Disposed	2012-04-01	Common Stock (805)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$23.0234	M	1384	Disposed	2002-07-01	Common Stock (1384)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$18.822	M	1259	Disposed	2012-10-01	Common Stock (1259)	Direct
2008-07-17	Non-Employee Director Stock Option (Right to Buy)	$21.4938	M	7249	Disposed	2012-12-17	Common Stock (7249)	Direct

Footnotes

F1: The option vested in four equal annual installments beginning on October 1, 2000.

F2: The option vested in four equal annual installments beginning on December 14, 2000.

F3: The option vested in four equal annual installments beginning on January 3, 2001.

F4: The option vested in four equal annual installments beginning on April 3, 2001.

F5: The option vested in four equal annual installments beginning on July 3, 2001.

F6: The option vested in four equal annual installments beginning on October 2, 2001.

F7: The option vested in four equal annual installments beginning on December 12, 2001.

F8: The option vested in four equal annual installments beginning on January 2, 2002.

F9: The option vested in four equal annual installments beginning on February 27, 2002.

F10: The option vested in four equal annual installments beginning on April 2, 2002.

F11: The option vested in four equal annual installments beginning on July 2, 2002.

F12: The option vested in four equal annual installments beginning on October 1, 2002.

F13: The option vested in four equal annual installments beginning on January 2, 2003.

F14: The option vested in four equal annual installments beginning on April 1, 2003.

F15: The option vested in four equal annual installments beginning on July 1, 2003.

F16: The option vested in four equal annual installments beginning on October 1, 2003.

F17: The option vested in four equal annual installments beginning on December 17, 2003.