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US BANCORP \DE\ Director's Dealing 2010

Oct 25, 2010

29924_dirs_2010-10-25_46117ef1-dcfc-4317-b33a-8a1203744cbc.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: 2010-10-21

Reporting Person: LEVIN JERRY W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-21 Common Stock, $0.01 par value S 37257.0000 $23.2188 Disposed 2228.0000 Direct
2010-10-21 Common Stock, $0.01 par value S 24095.0000 $23.2575 Disposed 0.0000 Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $23.02 to $23.39. 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: On a Form 4 filed by the reporting person on July 17, 2008, and on subsequently filed Form 4 reports, 300 shares were erroneously reported as purchased and held directly by the reporting person. Those shares were actually purchased and held indirectly in the reporting person's IRA, and are accordingly no longer included in this total.

F3: The price in Column 4 is a weighted average price. The prices actually received ranged from $23.23 to $23.29. 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.