US BANCORP \DE\ 4
4 · US BANCORP \DE\ · Filed Jan 21, 2016
Insider Transaction Report
Form 4
JOHNSON JOEL W
Director
Transactions
- Award
Restricted Stock Units
2016-01-19+4,153→ 4,153 totalFrom: 2016-01-19→ Common Stock, $0.01 par value (4,153 underlying)
Footnotes (2)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.