US BANCORP \DE\ — Director's Dealing 2017

May 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2017-05-10

Reporting Person: Gifford Craig E (EVP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-10	Common Stock, $0.01 par value	S	300.0000	$51.9200	Disposed	41564.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	1146.0000	Indirect

Footnotes

F1: Based on a plan report dated April 30, 2017, the most recent plan report available.