COLLINS ARTHUR D JR 4
4 · US BANCORP \DE\ · Filed Apr 22, 2019
Insider Transaction Report
Form 4
COLLINS ARTHUR D JR
Director
Transactions
- Award
Restricted Stock Units
2019-04-18$51.21/sh+3,124$159,980→ 3,124 totalFrom: 2019-04-18→ Common Stock, $0.01 par value (3,124 underlying) - Award
Deferred Compensation Plan Participation
2019-04-18$51.21/sh+2,441$125,004→ 34,350 total→ Common Stock, $0.01 par value (2,441 underlying)
Footnotes (4)
- [F1]Deferred Compensation Plan Participation is payable in common stock when the reporting person ceases to serve on U.S. Bancorp's Board of Directors.
- [F2]Includes amounts acquired pursuant to dividend reinvestment.
- [F3]Restriced stock units convert into common stock on a one-for-one basis.
- [F4]The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.