US BANCORP \DE\ — Director's Dealing 2008

Feb 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-02-12

Reporting Person: DOLAN TERRANCE R (EVP, Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-12	Employee Stock Option (Right to Buy)	$32.70	A	138122	Acquired	2018-02-12	Common Stock (138122)	Direct

Footnotes

F1: The option vests in four equal annual installments beginning on February 12, 2009.