US BANCORP \DE\ — Director's Dealing 2019

Jul 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2019-07-01

Reporting Person: OWENS ODELL M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Deferred Compensation Plan Participation	$	I	76346.0000	Disposed		Common Stock, $0.01 par value (76346.0000)	Direct

Footnotes

F1: Deferred Compensation Plan Participation is payable in common stock when the reporting person ceases to serve on U.S. Bancorp's Board of Directors.

F2: The reporting person transferred funds to an alternate investment option under the Deferred Compensation Plan. Transfers are allowed under the plan on a quarterly basis and are effective the first day of the calendar quarter following the transfer election. The reporting person made his transfer election on June 3, 2019.

F3: Includes amounts acquired pursuant to dividend reinvestments.