FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
US BANCORP \DE\ [ USB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/20/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, $0.01 par value | 01/20/2004 | A | 23,000 | A | $28.5 | 109,518 | D | |||
Common Stock, $0.01 par value | 647.52(1) | I | 401(k) Plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $28.5 | 01/20/2004 | A | 167,800 | (2) | 01/20/2014 | Common Stock | 167,800 | $0 | 167,800 | D | ||||
Employee Stock Option (Right to Buy) | $21.4938(3) | (4) | 12/17/2012 | Common Stock | 206,394 | 206,394(3) | D | ||||||||
Employee Stock Option (Right to Buy) | $19.1001(3) | (5) | 12/18/2011 | Common Stock | 196,326 | 196,326(3) | D | ||||||||
Employee Stock Option (Right to Buy) | $21.541(3) | (6) | 12/12/2010 | Common Stock | 302,040 | 302,040(3) | D | ||||||||
Employee Stock Option (Right to Buy) | $21.2306(3) | (7) | 12/14/2009 | Common Stock | 110,748 | 110,748(3) | D | ||||||||
Employee Stock Option (Right to Buy) | $32.9633(3) | (8) | 04/26/2009 | Common Stock | 241,632 | 241,632(3) | D |
Explanation of Responses: |
1. Based on a plan report dated 12/31/03, the most recent plan report available. |
2. The option vests 100% on January 20, 2009, or 25% on February 1st of each of 2005, 2006, 2007 and 2008 if certain performance criteria are met in the prior year. |
3. The exercise price and number of shares subject to the option were adjusted to preserve the economic value of the option in connection with the dividend paid to effect the spin-off of the company's Piper Jaffray subsidiary on December 31, 2003, by multiplying the number of shares subject to the option, and dividing the option price, by 1.0068. |
4. The option vests 100% on December 17, 2007, or 25% on February 1st of each of 2004, 2005, 2006 and 2007 if certain performance criteria are met in the prior year. |
5. The option vests in four equal annual installments beginning on December 18, 2002. |
6. The option vests in four equal annual installments beginning on December 12, 2001. |
7. The option vested in four equal annual installments beginning on December 14, 2000. |
8. The option vested in four equal annual installments beginning on April 26, 2000. |
Remarks: |
Lee R. Mitau for William L. Chenevich | 01/22/2004 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |