0001225208-23-003468.txt : 20230306
0001225208-23-003468.hdr.sgml : 20230306
20230306170850
ACCESSION NUMBER: 0001225208-23-003468
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230302
FILED AS OF DATE: 20230306
DATE AS OF CHANGE: 20230306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Welsh Timothy A
CENTRAL INDEX KEY: 0001711665
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06880
FILM NUMBER: 23709838
MAIL ADDRESS:
STREET 1: 800 NICOLLET MALL
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
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
4
1
doc4.xml
X0306
4
2023-03-02
0000036104
US BANCORP \DE\
USB
0001711665
Welsh Timothy A
800 NICOLLET MALL
MINNEAPOLIS
MN
55402
1
Vice Chair
Common Stock, $0.01 par value
2023-03-02
4
A
0
30231.0000
0.0000
A
139561.0000
D
Common Stock, $0.01 par value
2023-03-03
4
F
0
3474.0000
46.3100
D
136087.0000
D
Common Stock, $0.01 par value
3840.0000
I
By 401(k) plan
The restricted stock units vest 33% on each of March 2, 2024 and 2025, and 34% on March 2, 2026. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2023. 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 2026 based on the company's performance against certain performance targets from 2023 through 2025 and will be reported at the time of such determination.
Based on a plan report dated February 28, 2023, the most recent plan report available.
James L. Chosy by power of attorney for Timothy A. Welsh
2023-03-06