Kotwal Shailesh M 4
4 · US BANCORP \DE\ · Filed Feb 13, 2023
Insider Transaction Report
Form 4
Kotwal Shailesh M
Vice Chairman
Transactions
- Award
Common Stock, $0.01 par value
2023-02-09+30,079→ 113,024 total - Tax Payment
Common Stock, $0.01 par value
2023-02-10$48.77/sh−12,230$596,457→ 100,794 total
Footnotes (1)
- [F1]These performance-based restricted stock units vest on February 10, 2023. These units made up 60% of the grant date fair market value of the reporting person's 2020 long-term incentive compensation award granted on February 10, 2020. The number of units earned and eligible to be settled in shares of common stock was determined on February 9, 2023 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2020, to December 31, 2022.