US BANCORP \DE\ — Director's Dealing 2019

Nov 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2019-11-22

Reporting Person: CHOSY JAMES L (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-22	Common Stock, $0.01 par value	M	12356.0000	$33.9900	Acquired	102286.0000	Direct
2019-11-22	Common Stock, $0.01 par value	S	12356.0000	$59.9300	Disposed	89930.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-22	Employee Stock Option (Right to Buy)	$33.9900	M	12356.0000	Disposed	2023-02-14	Common Stock, $0.01 par value (12356.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	1443.0000	Indirect
Common Stock, $0.01 par value	343.0000	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $59.93 to $59.94. 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: The options vested in four equal annual installments beginning February 14, 2014.