Thormodsgard Diane L 4
4 · US BANCORP \DE\ · Filed Feb 12, 2010
Insider Transaction Report
Form 4
Thormodsgard Diane L
Vice Chairman
Transactions
- Disposition to Issuer
Restricted Stock Units
2010-02-10−5,249→ 36,736 totalExercise: $0.00→ Common Stock, $0.01 par value (5,249 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]A grant of restricted stock units was awarded to the Reporting Person on March 2, 2009, and was reported on a Form 4 filed on March 4, 2009. The number of restricted stock units originally awarded was subject to adjustment based on certain fiscal 2009 corporate performance measures. On February 10, 2010, the adjusted, final number of units subject to the award was determined. The number of restricted stock units in column 5 is the number of units by which the original award was reduced. The number of units in column 9 is the final award amount.
- [F3]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.