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US BANCORP \DE\ — Director's Dealing 2020
Feb 12, 2020
29924_dirs_2020-02-12_778c54d7-1e08-4dd7-8803-cf39cb4512fd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2020-02-10
Reporting Person: Aziz Ismat (Senior EVP, Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-10 | Common Stock, $0.01 par value | A | 11713.0000 | $0.0000 | Acquired | 33195.0000 | Direct |
Footnotes
F1: The restricted stock units vest 33% on each of February 10, 2021 and 2022, and 34% on February 10, 2023. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2020. The remaining 60% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock will be determined in early 2023 based on the company's performance against certain performance targets from 2020 through 2022 and will be reported at the time of such determination.