4//SEC Filing
US BANCORP \DE\ 4
Accession 0001225208-17-003937
$USBCIK 0000036104operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:16 PM ET
Size
5.7 KB
Accession
0001225208-17-003937
Insider Transaction Report
Form 4
Stone Kent V.
Vice Chairman
Transactions
- Award
Employee Stock Option (Right to Buy)
2017-02-16+22,154→ 22,154 totalExercise: $55.01Exp: 2027-02-16→ Common Stock, $0.01 par value (22,154 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.
Documents
Issuer
US BANCORP \DE\
CIK 0000036104
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000036104
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:16 PM ET
- Size
- 5.7 KB