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US BANCORP \DE\ — Director's Dealing 2013
Feb 20, 2013
29924_dirs_2013-02-19_f8afb90a-913d-4fa3-ab7d-83cc0a680eec.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: 2013-02-14
Reporting Person: Payne Richard B JR (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-15 | Common Stock, $0.01 par value | M | 12428.0000 | $0.0000 | Acquired | 53565.0000 | Direct |
| 2013-02-15 | Common Stock, $0.01 par value | F | 4167.0000 | $34.0800 | Disposed | 49398.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-14 | Employee Stock Option (Right to Buy) | $33.9900 | A | 49835.0000 | Acquired | 2023-02-14 | Common Stock, $0.01 par value (49835.0000) | Direct |
| 2013-02-14 | Restricted Stock Units | $ | A | 53398.0000 | Acquired | Common Stock, $0.01 par value (53398.0000) | Direct | |
| 2013-02-15 | Restricted Stock Units | $ | M | 12428.0000 | Disposed | Common Stock, $0.01 par value (12428.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 2205.0000 | Indirect |
| Common Stock, $0.01 par value | 2000.0000 | Indirect |
Footnotes
F1: Includes amount acquired pursuant to dividend reinvestment.
F2: Based on a plan report dated February 4, 2013, the most recent plan report available.
F3: The options vest in four equal annual installments beginning February 14, 2014. These options make up part of the reporting person's 2013 long-term incentive compensation grant.
F4: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F5: Prior to the first vesting, the number of units subject to the award will be adjusted based on the company's one-year performance against certain performance targets set on the grant date. The number of units may increase to as much as 125%, or decrease to as little as 0%, of the initial number of units. These restricted stock units make up part of the reporting person's 2013 long-term incentive compensation grant.
F6: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.