US BANCORP \DE\ 4
4 · US BANCORP \DE\ · Filed Jan 27, 2017
Insider Transaction Report
Form 4
CARLSON JENNIE P
EVP, Human Resources
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2017-01-26$13.10/sh+20,000$262,000→ 85,185 total - Award
Common Stock, $0.01 par value
2017-01-26+28,814→ 65,185 total - Sale
Common Stock, $0.01 par value
2017-01-26$52.75/sh−20,000$1,055,000→ 65,185 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-01-26−20,000→ 80,741 totalExercise: $13.10Exp: 2019-03-02→ Common Stock, $0.01 par value (20,000 underlying)
Holdings
- 133,502(indirect: By Spouse)
Common Stock, $0.01 par value
- 2,235(indirect: By IRA)
Common Stock, $0.01 par value
- 12,749(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (3)
- [F1]The performance-based restricted stock units vest in four equal annual installments beginning on February 18, 2017. These units made up 75% of the value of the reporting person's 2016 long-term incentive compensation award granted on February 18, 2016. The number of units earned and eligible to be settled in shares of common stock was determined on January 26, 2017, based on the company's 2016 performance against certain preset performance targets.
- [F2]Based on a plan report dated December 31, 2016, the most recent plan report available.
- [F3]The option vested in four equal annual installments beginning on March 2, 2010.