US BANCORP \DE\ — Director's Dealing 2012

Jul 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2012-07-26

Reporting Person: SCHNUCK CRAIG D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-26	Common Stock, $0.01 par value	M	1259.0000	$18.8220	Acquired	13316.0000	Direct
2012-07-26	Common Stock, $0.01 par value	S	1259.0000	$33.6517	Disposed	12057.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-26	Non-Employee Director Stock Option (Right to Buy)	$18.8220	M	1259.0000	Disposed	2012-10-01	Common Stock, $0.01 par value (1259.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	9756.0000	Indirect

Footnotes

F1: The option vested in four equal annual installments beginning on October 1, 2003.