US BANCORP \DE\ — Director's Dealing 2012

Oct 16, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2012-10-16

Reporting Person: LaFontaine Michael S. (EVP, Chief Oper. Risk Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	19729.0000	Direct
Common Stock, $0.01 par value	8804.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$11.0200	2019-02-18	Common Stock, $0.01 par value (3894.0000)		Direct
Employee Stock Option (Right to Buy)	$23.8600	2020-02-16	Common Stock, $0.01 par value (3601.0000)		Direct
Employee Stock Option (Right to Buy)	$28.6300	2022-02-15	Common Stock, $0.01 par value (4912.0000)		Direct
Employee Stock Option (Right to Buy)	$28.7000	2021-02-16	Common Stock, $0.01 par value (4732.0000)		Direct
Employee Stock Option (Right to Buy)	$29.9700	2016-02-14	Common Stock, $0.01 par value (2407.0000)		Direct
Employee Stock Option (Right to Buy)	$32.7000	2018-02-12	Common Stock, $0.01 par value (12921.0000)		Direct
Employee Stock Option (Right to Buy)	$36.2500	2017-02-13	Common Stock, $0.01 par value (6494.0000)		Direct

Footnotes

F1: Based on a plan report dated September 30, 2012, the most recent plan report available.

F2: The option vests in four equal annual installments beginning February 18, 2010.

F3: The option vests in four equal annual installments beginning on February 16, 2011.

F4: The option vests in four equal annual installments beginning on February 15, 2013.

F5: The option vests in four equal annual installments beginning on February 16, 2012.

F6: The option vested in four equal annual installments beginning on February 14, 2007.

F7: The option vested in four equal annual installments beginning on February 12, 2009.

F8: The option vested in four equal annual installments beginning on February 13, 2008.