SEC Form 4 · accession 0001225208-17-001411
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrance R Dolan
Officer — Vice Chairman & CFO
Period of report
Jan 19, 2017
Accepted (ET)
Jan 20, 2017 · 4:19 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 | Jan 19, 2017 | M | 54,029 | $28.63 | A | 115,124 | D | |
| Common Stock, $0.01 par value | Jan 19, 2017 | M | 47,305 | $28.70 | A | 162,429 | D | |
| Common Stock, $0.01 par valueF1 | Jan 19, 2017 | S | 101,334 | $50.63 | D | 61,095 | D | |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 5,491 | I | By 401(k) plan |
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 | $28.63 | Jan 19, 2017 | M | 54,029 | D | — | Feb 15, 2022 | Common Stock, $0.01 par value | 54,029 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $28.70 | Jan 19, 2017 | M | 47,305 | D | — | Feb 16, 2021 | Common Stock, $0.01 par value | 47,305 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $50.61 to $50.67. 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 December 31, 2016, the most recent plan report available.
- F3The option vested in four equal annual installments beginning on February 15, 2013.
- F4The option vested in four equal annual installments beginning on February 16, 2012.