US BANCORP \DE\ — Director's Dealing 2014

Jul 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2014-07-29

Reporting Person: STOKES PATRICK T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-29	Common Stock, $0.01 par value	M	7859.0000	$30.4000	Acquired	24981.0000	Direct
2014-07-29	Common Stock, $0.01 par value	S	7859.0000	$42.7800	Disposed	17122.0000	Direct
2014-07-29	Common Stock, $0.01 par value	S	1045.0000	$42.8400	Disposed	0.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-29	Non-Employee Director Stock Option (Right to Buy)	$30.4000	M	7859.0000	Disposed	2015-01-18	Common Stock, $0.01 par value (7859.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	390.0000	Indirect

Footnotes

F1: The option vested in four equal annual installments beginning on January 18, 2006.