SEC Form 4 · accession 0001225208-15-020072
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
Oct 28, 2015
Accepted (ET)
Oct 30, 2015 · 4:25 pm EDT
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 | Oct 28, 2015 | M | 50,000 | $31.04 | A | 96,451 | D | |
| Common Stock, $0.01 par valueF2 | Oct 28, 2015 | S | 50,000 | $43.05 | D | 46,451 | D | |
| Common Stock, $0.01 par valueF3 | holding | — | — | — | 2,346 | I | By 401(k) plan | |
| Common Stock, $0.01 par valueF4 | holding | — | — | — | 2,217 | 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 | Oct 28, 2015 | M | 50,000 | D | — | Jan 16, 2018 | Common Stock, $0.01 par value | 50,000 | 260,204 | 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 $43.01 to $43.16. 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.
- F3Based on a plan report dated September 30, 2015, the most recent plan report available.
- F4Includes 217 shares acquired pursuant to dividend reinvestment.
- F5The option vested in four equal annual installments beginning on January 16, 2009.