SEC Form 4 · accession 0001225208-18-011935
US BANCORP \DE\ · USB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R. Elmore
Officer — Vice Chairman
Period of report
Jul 23, 2018
Accepted (ET)
Jul 25, 2018 · 4:14 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 | Feb 26, 2018 | G | 4,991 | $0.00 | D | 98,371 | D | |
| Common Stock, $0.01 par value | Jul 23, 2018 | M | 24,166 | $40.32 | A | 122,537 | D | |
| Common Stock, $0.01 par value | Jul 23, 2018 | M | 20,594 | $33.99 | A | 143,131 | D | |
| Common Stock, $0.01 par value | Jul 23, 2018 | M | 9,137 | $28.63 | A | 152,268 | D | |
| Common Stock, $0.01 par value | Jul 23, 2018 | M | 5,027 | $28.70 | A | 157,295 | D | |
| Common Stock, $0.01 par valueF1 | Jul 23, 2018 | S | 58,924 | $51.71 | D | 98,371 | D | |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 7,707 | 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 | $33.99 | Jul 23, 2018 | M | 20,594 | D | — | Feb 14, 2023 | Common Stock, $0.01 par value | 20,594 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $28.63 | Jul 23, 2018 | M | 9,137 | D | — | Feb 15, 2022 | Common Stock, $0.01 par value | 9,137 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $28.70 | Jul 23, 2018 | M | 5,027 | D | — | Feb 16, 2021 | Common Stock, $0.01 par value | 5,027 | 0 | D |
| Employee Stock Option (Right to Buy)F6 | $40.32 | Jul 23, 2018 | M | 24,166 | D | — | Feb 20, 2024 | Common Stock, $0.01 par value | 24,166 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $51.68 to $51.74. 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 June 30, 2018, the most recent plan report available.
- F3The option vested in four equal annual installments beginning on February 14, 2014.
- F4The option vested in four equal annual installments beginning on February 15, 2013.
- F5The option vested in four equal annual installments beginning on February 16, 2012.
- F6The option vested in four equal annual installments beginning on February 20, 2015.