US BANCORP \DE\ — Director's Dealing 2021

Apr 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2021-04-22

Reporting Person: CECERE ANDREW (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-22	Common Stock, $0.01 par value	M	184187.0000	$28.6300	Acquired	1037110.0000	Direct
2021-04-22	Common Stock, $0.01 par value	S	184187.0000	$56.4800	Disposed	852923.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-22	Employee Stock Option (Right to Buy)	$28.6300	M	184187.0000	Disposed	2022-02-15	Common Stock, $0.01 par value (184187.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	12359.0000	Indirect
Common Stock, $0.01 par value	341.0000	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $56.20 to $56.72. 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: Based on a plan report dated March 31, 2021, the most recent plan report available.

F3: This option vested in four equal annual installments beginning on February 15, 2013.