SEC Form 4 · accession 0001225208-15-004515

US BANCORP \DE\ · USB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, President and CEO · Director

Period of report

Feb 13, 2015

Accepted (ET)

Feb 18, 2015 · 5:04 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 value^F1	Feb 13, 2015	M	548,297	$30.00	A	947,584	D
Common Stock, $0.01 par value	Feb 13, 2015	S	548,297	$45.09	D	399,287	D
Common Stock, $0.01 par value	Feb 14, 2015	M	42,629	$0.00	A	441,916	D
Common Stock, $0.01 par value	Feb 15, 2015	M	33,897	$0.00	A	475,813	D
Common Stock, $0.01 par value	Feb 16, 2015	M	73,345	$0.00	A	549,158	D
Common Stock, $0.01 par value	Feb 16, 2015	M	33,680	$0.00	A	582,838	D
Common Stock, $0.01 par value	Feb 17, 2015	F	85,907	$44.89	D	496,931	D
Common Stock, $0.01 par value^F2	holding	—	—		—	17,116	I	By 401(k) plan
Common Stock, $0.01 par value	holding	—	—		—	195,504	I	By Spouse's Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F3	$30.00	Feb 13, 2015	M	548,297	D	—	Jan 17, 2016	Common Stock, $0.01 par value	548,297	0	D
Restricted Stock Units^F4,F5	—	Feb 14, 2015	M	42,629	D	Feb 14, 2014	—	Common Stock, $0.01 par value	42,629	85,259	D
Restricted Stock Units^F4,F5	—	Feb 15, 2015	M	33,897	D	Feb 15, 2013	—	Common Stock, $0.01 par value	33,897	33,898	D
Restricted Stock Units^F4,F5	—	Feb 16, 2015	M	33,680	D	Feb 16, 2012	—	Common Stock, $0.01 par value	33,680	0	D
Restricted Stock Units^F4,F6	—	Feb 16, 2015	M	73,345	D	Feb 16, 2013	—	Common Stock, $0.01 par value	73,345	0	D

F1Includes amounts acquired pursuant to dividend reinvestment.
F2Based on a plan report dated February 11, 2015, the most recent plan report available.
F3The option vested in four equal annual installments beginning on January 17, 2007.
F4Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
F5The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.
F6Vesting of these Restricted Stock Units was contingent upon the company meeting a pre-established performance target. The performance target was met, and 50% of the units vested on the date listed in the Date Exercisable column of Box 6, with the remaining vesting occurring in 25% increments on the fourth and fifth anniversaries of the grant date. These Restricted Stock Units were granted in 2010 as a special retention award for the reporting person.