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US BANCORP \DE\ — Director's Dealing 2012
Feb 17, 2012
29924_dirs_2012-02-17_be069cbb-f600-4e3b-9aa3-0c9cbc8fadc0.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: 2012-02-15
Reporting Person: HARTNACK RICHARD C (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-16 | Common Stock, $0.01 par value | M | 11894.0000 | $0.0000 | Acquired | 111411.0000 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | M | 11021.0000 | $0.0000 | Acquired | 122432.0000 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | F | 3604.0000 | $28.6500 | Disposed | 118828.0000 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | F | 3897.0000 | $28.6500 | Disposed | 114931.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-15 | Employee Stock Option (Right to Buy) | $28.6300 | A | 88410.0000 | Acquired | 2022-02-15 | Common Stock, $0.01 par value (88410.0000) | Direct |
| 2012-02-15 | Restricted Stock Units | $ | A | 31435.0000 | Acquired | Common Stock, $0.01 par value (31435.0000) | Direct | |
| 2012-02-16 | Restricted Stock Units | $ | M | 11894.0000 | Disposed | Common Stock, $0.01 par value (11894.0000) | Direct | |
| 2012-02-16 | Restricted Stock Units | $ | M | 11021.0000 | Disposed | Common Stock, $0.01 par value (11021.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 2366.7273 | Indirect |
Footnotes
F1: Based on a plan report dated February 6, 2012, the most recent plan report available.
F2: The options vest in four equal annual installments beginning on February 15, 2013. These options make up part of the reporting person's annual long-term incentive compensation grant.
F3: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F4: Prior to the first vesting, the number of units subject to the award will be adjusted based on the company's one-year performance against certain performance targets set on the grant date. The number of units may increase to as much as 150%, or decrease to as little as 25%, of the initial number of units. These restricted stock units make up part of the reporting person's long-term incentive compensation grant.
F5: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.