Alan B. Colberg - 20 Apr 2023 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
James L. Chosy by power of attorney for Alan B. Colberg
Issuer symbol
USB
Transactions as of
20 Apr 2023
Net transactions value
+$341,380
Form type
4
Filing time
24 Apr 2023, 16:55:02 UTC
Previous filing
26 Jan 2023
Next filing
22 Jun 2023
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 Purchase $341,380 +10,000 +20000% $34.14 10,050 21 Apr 2023 Direct F1

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 +5,035 $0.000000 5,035 20 Apr 2023 Common Stock, $0.01 par value 5,035 Direct F2, 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 $34.01 to $34.27. 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 Restricted stock units convert into common stock on a one-for-one basis.
F3 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.