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US BANCORP \DE\ — Director's Dealing 2015
Feb 18, 2015
29924_dirs_2015-02-18_65c31426-6f82-462c-ac70-fa571840984d.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: 2015-02-13
Reporting Person: DAVIS RICHARD K (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-13 | Common Stock, $0.01 par value | M | 548297.0000 | $30.0000 | Acquired | 947584.0000 | Direct |
| 2015-02-13 | Common Stock, $0.01 par value | S | 548297.0000 | $45.0900 | Disposed | 399287.0000 | Direct |
| 2015-02-14 | Common Stock, $0.01 par value | M | 42629.0000 | $0.0000 | Acquired | 441916.0000 | Direct |
| 2015-02-15 | Common Stock, $0.01 par value | M | 33897.0000 | $0.0000 | Acquired | 475813.0000 | Direct |
| 2015-02-16 | Common Stock, $0.01 par value | M | 73345.0000 | $0.0000 | Acquired | 549158.0000 | Direct |
| 2015-02-16 | Common Stock, $0.01 par value | M | 33680.0000 | $0.0000 | Acquired | 582838.0000 | Direct |
| 2015-02-17 | Common Stock, $0.01 par value | F | 85907.0000 | $44.8900 | Disposed | 496931.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-13 | Employee Stock Option (Right to Buy) | $30.0000 | M | 548297.0000 | Disposed | 2016-01-17 | Common Stock, $0.01 par value (548297.0000) | Direct |
| 2015-02-14 | Restricted Stock Units | $ | M | 42629.0000 | Disposed | Common Stock, $0.01 par value (42629.0000) | Direct | |
| 2015-02-15 | Restricted Stock Units | $ | M | 33897.0000 | Disposed | Common Stock, $0.01 par value (33897.0000) | Direct | |
| 2015-02-16 | Restricted Stock Units | $ | M | 33680.0000 | Disposed | Common Stock, $0.01 par value (33680.0000) | Direct | |
| 2015-02-16 | Restricted Stock Units | $ | M | 73345.0000 | Disposed | Common Stock, $0.01 par value (73345.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 17116.0000 | Indirect |
| Common Stock, $0.01 par value | 195504.0000 | Indirect |
Footnotes
F1: Includes amounts acquired pursuant to dividend reinvestment.
F2: Based on a plan report dated February 11, 2015, the most recent plan report available.
F3: The option vested in four equal annual installments beginning on January 17, 2007.
F4: Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F5: The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.
F6: 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 the 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.