SEC Form 4 · accession 0001225208-15-001963
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel W Johnson
Director
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036104
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | Mar 12, 2014 | G | 3,879 | $0.00 | D | 0 | D | |
| Common Stock, $0.01 par value | Mar 12, 2014 | G | 3,879 | $0.00 | A | 5,237 | I | By Trust |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 126 | I | By Arena Holdings, LLC | |
| Common Stock, $0.01 par valueF3 | holding | — | — | — | 31,585 | I | By Elizabeth's GRAT | |
| Common Stock, $0.01 par valueF3 | holding | — | — | — | 31,585 | I | By Joel's GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Jan 22, 2015 | A | 5,641 | A | Jan 22, 2015 | — | Common Stock, $0.01 par value | 5,641 | 5,641 | D |
Explanation of responses
- F1This amount excludes 20 shares that were inadvertently included on prior forms for the reporting person.
- F2These shares were inadvertently reported as direct holdings in prior forms for the reporting person.
- F3These shares were transferred into GRAT accounts from the reporting person's trust on March 2, 2014.
- F4Restricted stock units convert into common stock on a one-for-one basis.
- F5The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.