SEC Form 4 · accession 0001225208-17-001461
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen S Lynch
Director
Period of report
Jan 19, 2017
Accepted (ET)
Jan 23, 2017 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036104
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 19, 2017 | A | 2,957 | A | Jan 19, 2017 | — | Common Stock, $0.01 par value | 2,957 | 2,957 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.