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US BANCORP \DE\ — Director's Dealing 2012
Feb 17, 2012
29924_dirs_2012-02-17_3d0c56f7-455c-4cbc-82f6-b1127e0917c8.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: DAVIS RICHARD K (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-16 | Common Stock, $0.01 par value | M | 37169.0000 | $0.0000 | Acquired | 241554.9004 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | M | 33679.0000 | $0.0000 | Acquired | 275233.9004 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | F | 12677.0000 | $28.6500 | Disposed | 262556.9004 | Direct |
| 2012-02-16 | Common Stock, $0.01 par value | F | 14381.0000 | $28.6500 | Disposed | 248175.9004 | 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 | 294696.0000 | Acquired | 2022-02-15 | Common Stock, $0.01 par value (294696.0000) | Direct |
| 2012-02-15 | Restricted Stock Units | $ | A | 104785.0000 | Acquired | Common Stock, $0.01 par value (104785.0000) | Direct | |
| 2012-02-16 | Restricted Stock Units | $ | M | 37169.0000 | Disposed | Common Stock, $0.01 par value (37169.0000) | Direct | |
| 2012-02-16 | Restricted Stock Units | $ | M | 33679.0000 | Disposed | Common Stock, $0.01 par value (33679.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 14529.6656 | Indirect |
| Common Stock, $0.01 par value | 89785.0000 | 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.