Home/Filings/4/0001225208-14-005827
4//SEC Filing

US BANCORP \DE\ 4

Accession 0001225208-14-005827

$USBCIK 0000036104operating

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 5:01 PM ET

Size

8.1 KB

Accession

0001225208-14-005827

Insider Transaction Report

Form 4
Period: 2014-02-20
Hoesley Joseph C
Vice Chairman
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2014-02-20+26,58326,583 total
    Exercise: $40.32Exp: 2024-02-20Common Stock, $0.01 par value (26,583 underlying)
  • Award

    Restricted Stock Units

    2014-02-20+22,50722,507 total
    From: 2015-02-20Common Stock, $0.01 par value (22,507 underlying)
Footnotes (4)
  • [F1]The options vest in four equal annual installments beginning on February 20, 2015. These options make up part of the reporting person's 2014 long-term incentive compensation grant.
  • [F2]Restricted stock units convert into common stock on a one-for-one basis at the time of vesting.
  • [F3]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 2014 long-term incentive compensation grant.
  • [F4]The restricted stock units vest in four equal annual installments beginning on the date listed in the Date Exercisable column of Box 6.

Documents

1 file

Issuer

US BANCORP \DE\

CIK 0000036104

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000036104

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:01 PM ET
Size
8.1 KB