JOHN WIEHOFF - 20 Apr 2023 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
James L. Chosy by power of attorney for John P. Wiehoff
Issuer symbol
USB
Transactions as of
20 Apr 2023
Net transactions value
+$140,013
Form type
4
Filing time
24 Apr 2023, 17:03:09 UTC
Previous filing
05 Apr 2023
Next filing
01 May 2023
SEC
View on sec.gov

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 F1, F2
transaction USB Deferred Compensation Plan Participation Award $140,013 +4,028 +43% $34.76 13,438 21 Apr 2023 Common Stock, $0.01 par value 4,028 Direct F3, F4
* 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.
F3 Deferred Compensation Plan Participation is payable in common stock when the reporting person ceases to serve on U.S. Bancorp's Board of Directors.
F4 Includes amounts acquired pursuant to dividend reinvestment.