US BANCORP \DE\ — Director's Dealing 2016

Nov 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2016-11-15

Reporting Person: SCHNUCK CRAIG D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-15	Common Stock, $0.01 par value	M	16544.0000	$35.7600	Acquired	19571.0000	Direct
2016-11-15	Common Stock, $0.01 par value	S	16544.0000	$48.4400	Disposed	3027.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-15	Non-Employee Director Stock Option (Right to Buy)	$35.7600	M	16544.0000	Disposed	2017-01-17	Common Stock, $0.01 par value (16544.0000)	Direct

Footnotes

F1: The option vested in four equal annual installments beginning on January 17, 2008.