US BANCORP \DE\ — Director's Dealing 2012

Jan 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2012-01-12

Reporting Person: KIRTLEY OLIVIA F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-12	Deferred Compensation Plan Participation	$	A	4001.3918	Acquired		Common Stock, $0.01 par value (4001.3918)	Direct

Footnotes

F1: Deferred Compensation Plan Participation is payable in common stock when the reporting person ceases to serve on U.S. Bancorp's Board of Directors.

F2: Includes amounts acquired pursuant to dividend reinvestment.