SEC Form 4 · accession 0001225208-16-040713
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennie P Carlson
Officer — EVP, Human Resources
Period of report
Oct 20, 2016
Accepted (ET)
Oct 24, 2016 · 4:42 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 | Oct 20, 2016 | M | 45,365 | $31.04 | A | 81,736 | D | |
| Common Stock, $0.01 par valueF1 | Oct 20, 2016 | S | 45,365 | $44.06 | D | 36,371 | D | |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 12,611 | I | By 401(k) plan | |
| Common Stock, $0.01 par value | holding | — | — | — | 2,235 | I | By IRA | |
| Common Stock, $0.01 par value | holding | — | — | — | 133,502 | I | By Spouse |
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)F3 | $31.04 | Oct 20, 2016 | M | 45,365 | D | — | Jan 16, 2018 | Common Stock, $0.01 par value | 45,365 | 283,644 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $44.05 to $44.07. 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.
- F2Based on a plan report dated September 30, 2016, the most recent plan report available.
- F3The option vested in four equal annual installments beginning on January 16, 2009.