Mark G. Runkel - 06 May 2021 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Senior EVP & Chief Credit Off
Signature
James L. Chosy for Mark G. Runkel
Issuer symbol
USB
Transactions as of
06 May 2021
Net transactions value
-$678,463
Form type
4
Filing time
07 May 2021, 16:18:03 UTC
Next filing
25 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USB Common Stock, $0.01 par value Options Exercise $792,367 +20,065 +55% $39.49 56,637 06 May 2021 Direct
transaction USB Common Stock, $0.01 par value Options Exercise $678,495 +15,309 +27% $44.32 71,946 06 May 2021 Direct
transaction USB Common Stock, $0.01 par value Sale $2,149,324 -35,374 -49% $60.76 36,572 06 May 2021 Direct F1
holding USB Common Stock, $0.01 par value 373 06 May 2021 By 401(k) plan F2
holding USB Common Stock, $0.01 par value 2,846 06 May 2021 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USB Employee Stock Option (Right to Buy) Options Exercise $0 -20,065 -100% $0.000000* 0 06 May 2021 Common Stock, $0.01 par value 20,065 $39.49 Direct F3
transaction USB Employee Stock Option (Right to Buy) Options Exercise $0 -15,309 -100% $0.000000* 0 06 May 2021 Common Stock, $0.01 par value 15,309 $44.32 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $60.73 to $60.78. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 Based on a plan report dated April 30, 2021, the most recent plan report available.
F3 The option vested in four equal annual installments beginning on February 18, 2017.
F4 The option vested in four equal annual installments beginning on February 19, 2016.