SEC Form 4 · accession 0001225208-16-041853
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
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 4:35 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 | Nov 14, 2016 | M | 37,000 | $13.10 | A | 73,371 | D | |
| Common Stock, $0.01 par value | Nov 14, 2016 | S | 37,000 | $48.45 | D | 36,371 | D | |
| Common Stock, $0.01 par valueF1 | holding | — | — | — | 12,689 | 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)F2 | $13.10 | Nov 14, 2016 | M | 37,000 | D | — | Mar 2, 2019 | Common Stock, $0.01 par value | 37,000 | 100,741 | D |
Explanation of responses
- F1Based on a plan report dated October 31, 2016, the most recent plan report available.
- F2The option vested in four equal annual installments beginning on March 2, 2010.