AI assistant
US BANCORP \DE\ — Director's Dealing 2015
Feb 23, 2015
29924_dirs_2015-02-23_6098af25-4937-457b-8474-2ab6d9c73560.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2015-02-19
Reporting Person: Hoesley Joseph C (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 | 5896.0000 | $0.0000 | Acquired | 110365.0000 | Direct |
| 2015-02-20 | Common Stock, $0.01 par value | F | 2842.0000 | $44.0800 | Disposed | 107523.0000 | 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 | 6125.0000 | Acquired | 2025-02-19 | Common Stock, $0.01 par value (6125.0000) | Direct |
| 2015-02-19 | Restricted Stock Units | $ | A | 5076.0000 | Acquired | Common Stock, $0.01 par value (5076.0000) | Direct | |
| 2015-02-20 | Restricted Stock Units | $ | M | 5896.0000 | Disposed | Common Stock, $0.01 par value (5896.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 1236.0000 | Indirect |
| Common Stock, $0.01 par value | 41128.0000 | 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.