US BANCORP \DE\ — Director's Dealing 2013

Nov 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2013-11-13

Reporting Person: Hidy Richard J (EVP and Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-13	Common Stock, $0.01 par value	M	9815.0000	$28.5000	Acquired	77866.0000	Direct
2013-11-13	Common Stock, $0.01 par value	S	9815.0000	$37.5200	Disposed	68051.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-13	Employee Stock Option (Right to Buy)	$28.5000	M	9815.0000	Disposed	2014-01-20	Common Stock, $0.01 par value (9815.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	20596.0000	Indirect
Common Stock, $0.01 par value	7200.0000	Indirect
Common Stock, $0.01 par value	16.0000	Indirect

Footnotes

F1: Based on a plan report dated October 31, 2013, the most recent plan report available.

F2: The option vested in four equal annual installments beginning on January 20, 2005.