X0201 42004-01-18 0000036104 US BANCORP \DE\ USB 0001185476 CECERE ANDREW U.S. BANCORP 800 NICOLLET MALL MINNEAPOLIS MN 55402 0100Vice ChairmanCommon Stock, $0.01 par value2004-01-184F0390028.00D140829DCommon Stock, $0.01 par value2004-01-204A01700028.50A157829DCommon Stock, $0.01 par value4777.39I401(k) PlanCommon Stock, $0.01 par value341IBy SpouseEmployee Stock Option (Right to Buy)28.502004-01-204A01243000A2014-01-20Common Stock124300124300DEmployee Stock Option (Right to Buy)21.49382012-12-17Common Stock156054156054DEmployee Stock Option (Right to Buy)19.10012011-12-18Common Stock216462216462DEmployee Stock Option (Right to Buy)23.18242011-02-27Common Stock171156171156DEmployee Stock Option (Right to Buy)24.98012000-04-042006-12-19Common Stock3170431704DEmployee Stock Option (Right to Buy)29.15182001-02-272009-04-20Common Stock191040191040DEmployee Stock Option (Right to Buy)33.12481999-02-182006-12-19Common Stock1135311353DEmployee Stock Option (Right to Buy)33.12481999-02-182004-05-25Common Stock1569015690DEmployee Stock Option (Right to Buy)33.12481999-02-182006-12-19Common Stock2922529225DEmployee Stock Option (Right to Buy)30.0061998-08-172006-12-19Common Stock3037130371DEmployee Stock Option (Right to Buy)30.0061998-08-172004-05-25Common Stock76387638DBased on a plan report dated 12/31/03, the most recent plan report available.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.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 special 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.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.The option vests in four equal annual installments beginning on December 18, 2002.The option vests in four equal annual installments beginning on February 27, 2002.Lee R. Mitau for Andrew Cecere 2004-01-21