SEC Form 4 · accession 0001225208-16-040711

US BANCORP \DE\ · USB

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

Reporting owner

Director

Period of report

Oct 20, 2016

Accepted (ET)

Oct 24, 2016 · 4:33 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 value^F1	Oct 20, 2016	M	35,845	$35.76	A	35,845	D
Common Stock, $0.01 par value^F2	Oct 20, 2016	S	35,845	$44.01	D	0	D
Common Stock, $0.01 par value^F3	Feb 1, 2016	G	47,165	$0.00	D	0	I	by GRAT

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Employee Director Stock Option (Right to Buy)^F4	$35.76	Oct 20, 2016	M	35,845	D	—	Jan 17, 2017	Common Stock, $0.01 par value	35,845	0	D

F1The reporting person's direct holdings were erroneously adjusted downward by 674 shares in a Form 4 filed by the reporting person on April 22, 2015, when those holdings should have in fact been adjusted upward by 674 shares. Accordingly, the number of shares reported in this box is 1,348 shares more than that reported on previous forms.
F2The price in Column 4 is a weighted average price. The prices actually received ranged from $43.97 to $44.08. 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 reporting person transferred 4,112 shares and 6,398 shares into the GRAT account on September 3, 2014 and September 4, 2014, respectively.
F4The option vested in four equal annual installments beginning on January 17, 2008.