US BANCORP \DE\ — Director's Dealing 2016

Jan 5, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2016-01-01

Reporting Person: Kelligrew James B (Vice Chairman)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	46117.0000	Direct
Common Stock, $0.01 par value	707.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$28.6300	2022-02-15	Common Stock, $0.01 par value (8903.0000)		Direct
Employee Stock Option (Right to Buy)	$28.7000	2021-02-16	Common Stock, $0.01 par value (2868.0000)		Direct

Footnotes

F1: The option vests in four equal annual installments beginning on February 15, 2013.

F2: The option vested in four equal annual installments beginning on February 16, 2012.