SEC Form 4 · accession 0001225208-15-003220
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard B Payne Jr.
Officer — Vice Chairman
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 4:34 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 | Feb 5, 2015 | M | 14,038 | $31.04 | A | 53,663 | D | |
| Common Stock, $0.01 par valueF2,F1 | Feb 5, 2015 | S | 14,038 | $44.03 | D | 39,625 | D | |
| Common Stock, $0.01 par valueF1 | Feb 6, 2015 | M | 85,962 | $31.04 | A | 125,587 | D | |
| Common Stock, $0.01 par valueF3,F1 | Feb 6, 2015 | S | 85,962 | $44.72 | D | 39,625 | D | |
| Common Stock, $0.01 par valueF4 | holding | — | — | — | 2,306 | I | By 401(k) plan | |
| Common Stock, $0.01 par value | holding | — | — | — | 2,000 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $31.04 | Feb 5, 2015 | M | 14,038 | D | — | Jan 16, 2018 | Common Stock, $0.01 par value | 14,038 | 396,166 | D |
| Employee Stock Option (Right to Buy)F6 | $31.04 | Feb 6, 2015 | M | 85,962 | D | — | Jan 16, 2018 | Common Stock, $0.01 par value | 85,962 | 310,204 | D |
Explanation of responses
- F1Includes amount acquired pursuant to dividend reinvestment.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $44.03 to $44.05. 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.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $44.36 to $44.89 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.
- F4Based on a plan report dated January 31, 2015, the most recent plan report available.
- F5The option vests in four equal annual installments beginning on January 16, 2009.
- F6The option vested in four equal annual installments beginning on January 16, 2009.