US BANCORP \DE\ 4
4 · US BANCORP \DE\ · Filed Feb 21, 2017
Insider Transaction Report
Form 4
CARLSON JENNIE P
EVP, Human Resources
Transactions
- Award
Employee Stock Option (Right to Buy)
[F1]2017-02-16+25,565→ 25,565 totalExercise: $55.01Exp: 2027-02-16→ Common Stock, $0.01 par value (25,565 underlying)
Footnotes (1)
- [F1]The option vests in four equal annual installments beginning on February 16, 2018. This option makes up 25% of the value of the reporting person's 2017 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 time-based vesting conditions, will be determined in early 2018 based on the company's 2017 performance against certain performance targets and will be reported at the time of such determination.
Signature
James L. Chosy for Jennie P. Carlson|2017-02-21