US BANCORP \DE\ 4

4 · US BANCORP \DE\ · Filed Feb 23, 2015

Form 4

Period: 2015-02-19

Vice Chairman and CFO

Transactions

Award
Employee Stock Option (Right to Buy)
2015-02-19+20,410→ 20,410 total
Exercise: $44.32Exp: 2025-02-19→ Common Stock, $0.01 par value (20,410 underlying)
Award
Restricted Stock Units
2015-02-19+16,922→ 16,922 total
From: 2016-02-19→ Common Stock, $0.01 par value (16,922 underlying)
Exercise/Conversion
Restricted Stock Units
2015-02-20−2,790→ 8,371 total
From: 2015-02-20→ Common Stock, $0.01 par value (2,790 underlying)
Exercise/Conversion
Common Stock, $0.01 par value
2015-02-20+2,790→ 39,068 total
Tax Payment
Common Stock, $0.01 par value
2015-02-20$44.08/sh−920$40,554→ 38,148 total

Holdings

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.

Documents

1 file