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US BANCORP \DE\ — Director's Dealing 2014
Feb 19, 2014
29924_dirs_2014-02-19_b509ed80-53de-4011-bf86-d5ef7b548cb1.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: 2014-02-14
Reporting Person: Payne Richard B JR (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-14 | Common Stock, $0.01 par value | M | 14737.0000 | $0.0000 | Acquired | 64344.0000 | Direct |
| 2014-02-14 | Common Stock, $0.01 par value | F | 7104.0000 | $40.2900 | Disposed | 57240.0000 | Direct |
| 2014-02-15 | Common Stock, $0.01 par value | M | 12428.0000 | $0.0000 | Acquired | 69668.0000 | Direct |
| 2014-02-16 | Common Stock, $0.01 par value | M | 12247.0000 | $0.0000 | Acquired | 81915.0000 | Direct |
| 2014-02-16 | Common Stock, $0.01 par value | M | 11894.0000 | $0.0000 | Acquired | 93809.0000 | Direct |
| 2014-02-16 | Common Stock, $0.01 par value | M | 8382.0000 | $0.0000 | Acquired | 102191.0000 | Direct |
| 2014-02-18 | Common Stock, $0.01 par value | F | 20613.0000 | $40.8200 | Disposed | 81578.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-14 | Restricted Stock Units | $ | M | 14737.0000 | Disposed | Common Stock, $0.01 par value (14737.0000) | Direct | |
| 2014-02-15 | Restricted Stock Units | $ | M | 12428.0000 | Disposed | Common Stock, $0.01 par value (12428.0000) | Direct | |
| 2014-02-16 | Restricted Stock Units | $ | M | 11894.0000 | Disposed | Common Stock, $0.01 par value (11894.0000) | Direct | |
| 2014-02-16 | Restricted Stock Units | $ | M | 12247.0000 | Disposed | Common Stock, $0.01 par value (12247.0000) | Direct | |
| 2014-02-16 | Restricted Stock Units | $ | M | 8382.0000 | Disposed | Common Stock, $0.01 par value (8382.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 2256.0000 | 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 7, 2014, the most recent plan report available.
F3: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F4: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.
F5: 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 occurring in 25% increments on the fourth and fifth anniversaries of the grant date. These Restricted Stock Units were granted in 2010 as a special retention award for the reporting person.