US BANCORP \DE\ — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2021-02-04

Reporting Person: Runkel Mark G. (Senior EVP & Chief Credit Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-04	Common Stock, $0.01 par value	A	11764.0000	$0.0000	Acquired	46862.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	372.0000	Indirect
Common Stock, $0.01 par value	28788.0000	Indirect

Footnotes

F1: These performance-based restricted stock units vest on February 14, 2021. These units made up 60% of the grant date fair market value of the reporting person's 2018 long-term incentive compensation award granted on February 14, 2018. The number of units earned and eligible to be settled in shares of common stock was determined on February 4, 2021 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2018, to December 31, 2020.

F2: Based on a plan report dated January 29, 2021, the most recent plan report available.