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US BANCORP \DE\ — Director's Dealing 2013
Feb 21, 2013
29924_dirs_2013-02-20_7f9b323e-c206-4730-bc43-d72b536e19d0.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: 2013-02-16
Reporting Person: DAVIS RICHARD K (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-16 | Common Stock, $0.01 par value | M | 146689.0000 | $0.0000 | Acquired | 371039.0000 | Direct |
| 2013-02-16 | Common Stock, $0.01 par value | M | 37169.0000 | $0.0000 | Acquired | 408208.0000 | Direct |
| 2013-02-16 | Common Stock, $0.01 par value | M | 33680.0000 | $0.0000 | Acquired | 441888.0000 | Direct |
| 2013-02-19 | Common Stock, $0.01 par value | F | 16234.0000 | $33.8200 | Disposed | 425654.0000 | Direct |
| 2013-02-19 | Common Stock, $0.01 par value | F | 17916.0000 | $33.8200 | Disposed | 407738.0000 | Direct |
| 2013-02-19 | Common Stock, $0.01 par value | F | 70705.0000 | $33.8200 | Disposed | 337033.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-16 | Restricted Stock Units | $ | M | 37169.0000 | Disposed | Common Stock, $0.01 par value (37169.0000) | Direct | |
| 2013-02-16 | Restricted Stock Units | $ | M | 33680.0000 | Disposed | Common Stock, $0.01 par value (33680.0000) | Direct | |
| 2013-02-16 | Restricted Stock Units | $ | M | 146689.0000 | Disposed | Common Stock, $0.01 par value (146689.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 15539.0000 | Indirect |
| Common Stock, $0.01 par value | 142634.0000 | 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.
F4: Vesting of these Restricted Stock Units was contingent upon the company meeting a pre-established performance target. The performance target was met, and 50% of the units vested on the date listed in the Date Exercisable column of Box 6, with remaining vesting to occur in 25% increments on the fourth and fifth anniversary of the grant date. These Restricted Stock Units were granted in 2010 as a special retention award for the reporting person.