SEC Form 4 · accession 0001225208-18-001628
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
P.W. Parker
Officer — Vice Chairman
Period of report
Jan 25, 2018
Accepted (ET)
Jan 26, 2018 · 4:28 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 valueF1 | Jan 25, 2018 | A | 38,651 | $0.00 | A | 316,900 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 3,912 | I | By Power of Attorney for Parent |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The performance-based restricted stock units vest in four equal annual installments beginning on February 16, 2018. These units made up 75% of the value of the reporting person's 2017 long-term incentive compensation award granted on February 16, 2017. The number of units earned and eligible to be settled in shares of common stock was determined on January 25, 2018, based on the Company's 2017 performance against certain preset performance targets.