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US BANCORP \DE\ — Director's Dealing 2015
Feb 18, 2015
29924_dirs_2015-02-18_e6325e91-6936-4750-ac4b-9a7c8cefc39b.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: 2015-02-14
Reporting Person: CARLSON JENNIE P (EVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-14 | Common Stock, $0.01 par value | M | 7369.0000 | $0.0000 | Acquired | 7369.0000 | Direct |
| 2015-02-15 | Common Stock, $0.01 par value | M | 6213.0000 | $0.0000 | Acquired | 13582.0000 | Direct |
| 2015-02-16 | Common Stock, $0.01 par value | M | 10478.0000 | $0.0000 | Acquired | 24060.0000 | Direct |
| 2015-02-16 | Common Stock, $0.01 par value | M | 6736.0000 | $0.0000 | Acquired | 30796.0000 | Direct |
| 2015-02-17 | Common Stock, $0.01 par value | M | 39117.0000 | $35.7600 | Acquired | 69913.0000 | Direct |
| 2015-02-17 | Common Stock, $0.01 par value | F | 11727.0000 | $44.8900 | Disposed | 58186.0000 | Direct |
| 2015-02-17 | Common Stock, $0.01 par value | S | 39117.0000 | $45.1100 | Disposed | 19069.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-14 | Restricted Stock Units | $ | M | 7369.0000 | Disposed | Common Stock, $0.01 par value (7369.0000) | Direct | |
| 2015-02-15 | Restricted Stock Units | $ | M | 6213.0000 | Disposed | Common Stock, $0.01 par value (6213.0000) | Direct | |
| 2015-02-16 | Restricted Stock Units | $ | M | 6736.0000 | Disposed | Common Stock, $0.01 par value (6736.0000) | Direct | |
| 2015-02-16 | Restricted Stock Units | $ | M | 10478.0000 | Disposed | Common Stock, $0.01 par value (10478.0000) | Direct | |
| 2015-02-17 | Employee Stock Option (Right to Buy) | $35.7600 | M | 39117.0000 | Disposed | 2017-01-17 | Common Stock, $0.01 par value (39117.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value | 12185.0000 | Indirect |
| Common Stock, $0.01 par value | 2235.0000 | Indirect |
| Common Stock, $0.01 par value | 94773.0000 | Indirect |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $45.10 to $45.17. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2: Based on a plan report dated February 11, 2015, 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 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.
F6: The option vested in four equal annual installments beginning on January 17, 2008.