US BANCORP \DE\ 4
4 · US BANCORP \DE\ · Filed Feb 23, 2015
Insider Transaction Report
Form 4
Hoesley Joseph C
Vice Chairman
Transactions
- Tax Payment
Common Stock, $0.01 par value
2015-02-20$44.08/sh−2,842$125,275→ 107,523 total - Award
Restricted Stock Units
2015-02-19+5,076→ 5,076 totalFrom: 2016-02-19→ Common Stock, $0.01 par value (5,076 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2015-02-20+5,896→ 110,365 total - Exercise/Conversion
Restricted Stock Units
2015-02-20−5,896→ 17,691 totalFrom: 2015-02-20→ Common Stock, $0.01 par value (5,896 underlying) - Award
Employee Stock Option (Right to Buy)
2015-02-19+6,125→ 6,125 totalExercise: $44.32Exp: 2025-02-19→ Common Stock, $0.01 par value (6,125 underlying)
Holdings
- 41,128(indirect: By Spouse)
Common Stock, $0.01 par value
- 1,236(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (5)
- [F1]Based on a plan report dated February 11, 2015, the most recent plan report available.
- [F2]The option vests in four equal annual installments beginning on February 19, 2016. This option makes up part of the reporting person's 2015 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 2015 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.