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US BANCORP \DE\ — Director's Dealing 2015
Feb 23, 2015
29924_dirs_2015-02-23_fc689de9-7988-4b0e-8bb0-53c69d3e5185.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: 2015-02-19
Reporting Person: Stone Kent V. (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-20 | Common Stock, $0.01 par value | M | 5360.0000 | $0.0000 | Acquired | 44065.0000 | Direct |
| 2015-02-20 | Common Stock, $0.01 par value | F | 1917.0000 | $44.0800 | Disposed | 42148.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-19 | Employee Stock Option (Right to Buy) | $44.3200 | A | 24493.0000 | Acquired | 2025-02-19 | Common Stock, $0.01 par value (24493.0000) | Direct |
| 2015-02-19 | Restricted Stock Units | $ | A | 20306.0000 | Acquired | Common Stock, $0.01 par value (20306.0000) | Direct | |
| 2015-02-20 | Restricted Stock Units | $ | M | 5360.0000 | Disposed | Common Stock, $0.01 par value (5360.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 15171.0000 | Indirect |
| Common Stock, $0.01 par value | 24189.0000 | Indirect |
Footnotes
F1: Based on a plan report dated February 11, 2015, the most recent plan report available.
F2: The option vests in four equal annual installments beginning on February 19, 2016. This option makes up part of the reporting person's 2015 long-term incentive compensation grant.
F3: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F4: 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 2015 long-term incentive compensation grant.
F5: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.