LaFontaine Michael S. 4
4 · US BANCORP \DE\ · Filed Feb 19, 2013
Insider Transaction Report
Form 4
LaFontaine Michael S.
EVP, Chief Oper. Risk Officer
Transactions
- Tax Payment
Common Stock, $0.01 par value
2013-02-15$34.08/sh−510$17,381→ 27,939 total - Award
Restricted Stock Units
2013-02-14+11,032→ 11,032 totalFrom: 2014-02-14→ Common Stock, $0.01 par value (11,032 underlying) - Award
Employee Stock Option (Right to Buy)
2013-02-14+10,298→ 10,298 totalExercise: $33.99Exp: 2023-02-14→ Common Stock, $0.01 par value (10,298 underlying)
Holdings
- 9,185(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (5)
- [F1]Based on a plan report dated February 4, 2013, the most recent plan report available.
- [F2]The options vest in four equal annual installments beginning February 14, 2014. These options make up part of the reporting person's 2013 long-term incentive compensation grant.
- [F3]Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
- [F4]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 125%, or decrease to as little as 0%, of the initial number of units. These restricted stock units make up part of the reporting person's 2013 long-term incentive compensation grant.
- [F5]The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.