4//SEC Filing
Thormodsgard Diane L 4
Accession 0000036104-09-000058
CIK 0000036104other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:21 PM ET
Size
10.5 KB
Accession
0000036104-09-000058
Insider Transaction Report
Form 4
Thormodsgard Diane L
Vice Chairman
Transactions
- Award
Restricted Stock Units
2009-03-02+41,985→ 41,985 total→ Common Stock (41,985 underlying) - Award
Employee Stock Option
2009-03-02+151,515→ 151,515 totalExercise: $13.10Exp: 2019-03-02→ Common Stock (151,515 underlying)
Holdings
- 6,604
Restricted Stock Units
→ Common Stock (6,604 underlying)
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On March 2, 2010, immediately prior to the first vesting, the number of units subject to the award will be adjusted based on the company's one-year performance against certain performance targets set on the grant date. The number of units may increase to as much as 150%, or decrease to as little as 25%, of the initial number of units.
- [F3]The company will not pay or accrue any compensation under the award to the extent that such payment or accrual is prohibited under the American Recovery and Reinvestment Act of 2009, any regulations thereunder or any other laws or regulations.
- [F4]The restricted stock units vest in four equal annual installments beginning on March 2, 2010 unless forfeited earlier due to termination of employment for cause.
- [F5]The option vests in four equal annual installments beginning on March 2, 2010.
- [F6]The restricted stock units fully vest on January 16, 2011 (the third anniversary of the grant date) unless forfeited earlier due to termination of employment for cause.
Documents
Issuer
US BANCORP \DE\
CIK 0000036104
Entity typeother
Related Parties
1- filerCIK 0001389475
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:21 PM ET
- Size
- 10.5 KB