SEC Form 4 · accession 0001225208-16-031864
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Davis
Officer — Chairman and CEO · Director
Period of report
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 4:17 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 | Apr 25, 2016 | M | 753,351 | $35.76 | A | 1,567,589 | D | |
| Common Stock, $0.01 par valueF2 | Apr 25, 2016 | S | 753,351 | $42.98 | D | 814,238 | D | |
| Common Stock, $0.01 par value | Apr 26, 2016 | M | 165,767 | $35.76 | A | 980,005 | D | |
| Common Stock, $0.01 par valueF3 | Apr 26, 2016 | S | 165,767 | $43.15 | D | 814,238 | D | |
| Common Stock, $0.01 par valueF4 | holding | — | — | — | 18,306 | I | By 401(k) plan | |
| Common Stock, $0.01 par value | holding | — | — | — | 195,504 | I | By Spouse's Trust |
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 | $35.76 | Apr 25, 2016 | M | 753,351 | D | — | Jan 17, 2017 | Common Stock, $0.01 par value | 753,351 | 165,767 | D |
| Employee Stock Option (Right to Buy)F5 | $35.76 | Apr 26, 2016 | M | 165,767 | D | — | Jan 17, 2017 | Common Stock, $0.01 par value | 165,767 | 0 | D |
Explanation of responses
- F1Includes amounts acquired pursuant to dividend reinvestment.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $42.77 to $43.18. 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 $42.92 to $43.43. 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 March 31, 2016, the most recent plan report available.
- F5The option vested in four equal annual installments beginning on January 17, 2008.