Jeffry H. von Gillern - Nov 8, 2022 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Vice Chair
Signature
James L. Chosy by power of attorney for Jeffry H. von Gillern
Stock symbol
USB
Transactions as of
Nov 8, 2022
Transactions value $
-$271,830
Form type
4
Date filed
11/9/2022, 04:04 PM
Previous filing
Mar 8, 2022
Next filing
Feb 13, 2023

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 $924K +27.2K +21.2% $33.99 155K Nov 8, 2022 Direct
transaction USB Common Stock, $0.01 par value Sale -$1.2M -27.2K -17.49% $43.99 128K Nov 8, 2022 Direct F1
holding USB Common Stock, $0.01 par value 696 Nov 8, 2022 By 401(k) plan F2

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 -27.2K -100% $0.00* 0 Nov 8, 2022 Common Stock, $0.01 par value 27.2K $33.99 Direct F3
* 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 $43.99 to $44.00. 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 October 31, 2022, the most recent plan report available.
F3 This option vested in four equal annual installments beginnig February 14, 2014.