4//SEC Filing
US BANCORP \DE\ 4
Accession 0001225208-16-027305
$USBCIK 0000036104operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:05 PM ET
Size
10.1 KB
Accession
0001225208-16-027305
Insider Transaction Report
Form 4
Payne Richard B JR
Vice Chairman
Transactions
- Tax Payment
Common Stock, $0.01 par value
2016-02-19$39.28/sh−5,147$202,174→ 131,547 total - Tax Payment
Common Stock, $0.01 par value
2016-02-22$40.10/sh−5,408$216,861→ 126,139 total - Award
Employee Stock Option (Right to Buy)
2016-02-18+16,185→ 16,185 totalExercise: $39.49Exp: 2026-02-18→ Common Stock, $0.01 par value (16,185 underlying)
Holdings
- 2,360(indirect: By 401(k))
Common Stock, $0.01 par value
- 2,232(indirect: By IRA)
Common Stock, $0.01 par value
Footnotes (2)
- [F1]Based on a plan report dated February 1, 2016, the most recent plan report available.
- [F2]The option vests in four equal annual installments beginning on February 18, 2017. This option makes up 25% of the value of the reporting person's 2016 long-term incentive compensation award. The remaining 75% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock, subject to the award's vesting conditions, will be determined in early 2017 based on the company's 2016 performance against certain performance targets and will be reported at the time of such determination.
Documents
Issuer
US BANCORP \DE\
CIK 0000036104
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000036104
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:05 PM ET
- Size
- 10.1 KB