US BANCORP \DE\ - Director's Dealing 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2013-07-26

Reporting Person: JOHNSON JOEL W (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-26	Common Stock, $0.01 par value	M	9525.0000	$29.5800	Acquired	74518.0000	Direct
2013-07-26	Common Stock, $0.01 par value	M	5882.0000	$28.5000	Acquired	80400.0000	Direct
2013-07-26	Common Stock, $0.01 par value	F	11970.0000	$37.5400	Disposed	68430.0000	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-26	Non-Employee Director Stock Option (Right to Buy)	$29.5800	M	9525.0000	Disposed	2014-01-02	Common Stock, $0.01 par value (9525.0000)	Direct
2013-07-26	Non-Employee Director Stock Option (Right to Buy)	$28.5000	M	5882.0000	Disposed	2014-01-20	Common Stock, $0.01 par value (5882.0000)	Direct

F1: Includes amounts acquired pursuant to dividend reinvestment.

F2: The option vested in four equal annual installments beginning on January 2, 2005.

F3: The option vested in four equal annual installments beginning on January 20, 2005.