Alan B. Colberg - Jan 24, 2023 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
James L. Chosy by power of attorney for Alan B. Colberg
Stock symbol
USB
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 04:30 PM
Previous filing
Nov 14, 2022
Next filing
Apr 24, 2023

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 Restricted Stock Units Award $0 +1.14K $0.00 1.14K Jan 24, 2023 Common Stock, $0.01 par value 1.14K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.