Elmore John R. 4
4 · US BANCORP \DE\ · Filed Feb 16, 2018
Insider Transaction Report
Form 4
Elmore John R.
Vice Chairman
Transactions
- Award
Common Stock, $0.01 par value
2018-02-14+10,848→ 131,469 total
Holdings
- 7,412(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (2)
- [F1]The restricted stock units vest 33% on each of February 14, 2019 and 2020, and 34% on February 14, 2021. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2018. The remaining 60% 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 will be determined in early 2021 based on the company's performance against certain performance targets from 2018 through 2020 and will be reported at the time of such determination.
- [F2]Based on a plan report dated February 6, 2018, the most recent plan report available.