SEC Form 4 · accession 0001225208-15-004527
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela A Joseph
Officer — Vice Chairman
Period of report
Feb 14, 2015
Accepted (ET)
Feb 18, 2015 · 5:16 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 | Feb 14, 2015 | M | 13,398 | $0.00 | A | 197,391 | D | |
| Common Stock, $0.01 par value | Feb 15, 2015 | M | 11,299 | $0.00 | A | 208,690 | D | |
| Common Stock, $0.01 par value | Feb 16, 2015 | M | 19,594 | $0.00 | A | 228,284 | D | |
| Common Stock, $0.01 par value | Feb 16, 2015 | M | 12,247 | $0.00 | A | 240,531 | D | |
| Common Stock, $0.01 par value | Feb 17, 2015 | F | 27,112 | $44.89 | D | 213,419 | D | |
| Common Stock, $0.01 par valueF1 | holding | — | — | — | 12,723 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 14, 2015 | M | 13,398 | D | Feb 14, 2014 | — | Common Stock, $0.01 par value | 13,398 | 26,796 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 15, 2015 | M | 11,299 | D | Feb 15, 2013 | — | Common Stock, $0.01 par value | 11,299 | 11,299 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 16, 2015 | M | 12,247 | D | Feb 16, 2012 | — | Common Stock, $0.01 par value | 12,247 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Feb 16, 2015 | M | 19,594 | D | Feb 16, 2013 | — | Common Stock, $0.01 par value | 19,594 | 0 | D |
Explanation of responses
- F1Based on a plan report dated February 11, 2015, the most recent plan report available.
- F2Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
- F3The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.
- F4Vesting 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.