Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | USB | Common Stock, $0.01 par value | Award | $0 | +36K | +28.05% | $0.00 | 164K | Feb 9, 2023 | Direct | F1 |
transaction | USB | Common Stock, $0.01 par value | Tax liability | -$800K | -16.4K | -9.99% | $48.77 | 148K | Feb 10, 2023 | Direct | |
holding | USB | Common Stock, $0.01 par value | 1.13K | Feb 9, 2023 | By 401(k) plan | F2 |
Id | Content |
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F1 | These performance-based restricted stock units vest on February 10, 2023. These units made up 60% of the grant date fair market value of the reporting person's 2020 long-term incentive compensation award granted on February 10, 2020. The number of units earned and eligible to be settled in shares of common stock was determined on February 9, 2023 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2020, to December 31, 2022. |
F2 | Based on a plan report dated February 3, 2023, the most recent plan report available. |