US BANCORP \DE\ — Director's Dealing 2015

Feb 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2015-02-10

Reporting Person: OWENS ODELL M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-10	Common Stock, $0.01 par value	M	8305.0000	$30.0000	Acquired	8305.0000	Direct
2015-02-10	Common Stock, $0.01 par value	S	8305.0000	$44.4600	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-10	Non-Employee Director Stock Option (Right to Buy)	$30.0000	M	8305.0000	Disposed	2016-01-17	Common Stock, $0.01 par value (8305.0000)	Direct

Footnotes

F1: The option vested in four equal annual installments beginning on January 17, 2007.