0001225208-16-027305.txt : 20160222
0001225208-16-027305.hdr.sgml : 20160222
20160222170509
ACCESSION NUMBER: 0001225208-16-027305
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160218
FILED AS OF DATE: 20160222
DATE AS OF CHANGE: 20160222
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: US BANCORP \DE\
CENTRAL INDEX KEY: 0000036104
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 410255900
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: U.S. BANCORP
STREET 2: 800 NICOLLET MALL
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402-7020
BUSINESS PHONE: 651-466-3000
MAIL ADDRESS:
STREET 1: U.S. BANCORP
STREET 2: 800 NICOLLET MALL
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402-7020
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST BANK SYSTEM INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST BANK STOCK CORP
DATE OF NAME CHANGE: 19720317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Payne Richard B JR
CENTRAL INDEX KEY: 0001288880
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06880
FILM NUMBER: 161445780
MAIL ADDRESS:
STREET 1: U.S. BANCORP
STREET 2: 800 NICOLLET MALL, MAIL CODE BC-MN-H210
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
4
1
doc4.xml
X0306
4
2016-02-18
0000036104
US BANCORP \DE\
USB
0001288880
Payne Richard B JR
800 NICOLLET MALL
MINNEAPOLIS
MN
55402
1
Vice Chairman
Common Stock, $0.01 par value
2016-02-19
4
F
0
5147.0000
39.2800
D
131547.0000
D
Common Stock, $0.01 par value
2016-02-22
4
F
0
5408.0000
40.1000
D
126139.0000
D
Common Stock, $0.01 par value
2360.0000
I
By 401(k) plan
Common Stock, $0.01 par value
2232.0000
I
By IRA
Employee Stock Option (Right to Buy)
39.4900
2016-02-18
4
A
0
16185.0000
0.0000
A
2026-02-18
Common Stock, $0.01 par value
16185.0000
16185.0000
D
Based on a plan report dated February 1, 2016, the most recent plan report available.
The option vests in four equal annual installments beginning on February 18, 2017. This option makes up 25% of the value of the reporting person's 2016 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 vesting conditions, will be determined in early 2017 based on the company's 2016 performance against certain performance targets and will be reported at the time of such determination.
James L. Chosy for Richard B. Payne, Jr.
2016-02-22