US BANCORP \DE\ — Director's Dealing 2013

Feb 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2013-02-16

Reporting Person: DOLAN TERRANCE R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-16	Common Stock, $0.01 par value	M	6123.0000	$0.0000	Acquired	58981.0000	Direct
2013-02-19	Common Stock, $0.01 par value	F	766.0000	$33.8200	Disposed	58215.0000	Direct
2013-02-19	Common Stock, $0.01 par value	F	2058.0000	$33.8200	Disposed	56157.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-16	Restricted Stock Units	$	M	6123.0000	Disposed		Common Stock, $0.01 par value (6123.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	4731.0000	Indirect

Footnotes

F1: Based on a plan report dated February 4, 2013, the most recent plan report available.

F2: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.

F3: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.