X0202 4 2006-01-17 0000036104 US BANCORP \DE\ USB 0001189430 LEVIN JERRY W JW LEVIN PARTNERS, LLC 9 WEST 57TH STREET NEW YORK NY 10019 1 0 0 0 Restricted Stock Units 2006-01-17 4 A 0 1766 0 A Common Stock 1766 1766 D Restricted Stock Units Common Stock 1817 1817 D Restricted Stock Units Common Stock 2036 2036 D Restricted Stock Units Common Stock 2859 2859 D Non-Employee Director Stock Option (Right to Buy) 30.00 2006-01-17 4 A 0 8305 0 A 2016-01-17 Common Stock 8305 8305 D Non-Employee Director Stock Option (Right to Buy) 30.05 2016-01-03 Common Stock 20450 20450 D Restricted stock units convert into common stock on a one-for-one basis. The restricted stock units vest in four equal annual installments beginning on January 17, 2007. Units are payable in common stock when the reporting person retires in accordance with the Company's director retirement policy, the reporting person's Board service is terminated without cause, or the reporting person voluntarily leaves service on the Board for any reason after 10 years of service. Only vested units are distributable when the holder's Board service ends under other circumstances, except that all units are forfeited if the holder's Board service is terminated for cause. The restricted stock units vest in four equal annual installments beginning on January 18, 2006. Units are payable in common stock when the reporting person retires in accordance with the Company's director retirement policy, the reporting person's Board service is terminated without cause, or the reporting person voluntarily leaves service on the Board for any reason after 10 years of service. Only vested units are distributable when the holder's Board service ends under other circumstances, except that all units are forfeited if the holder's Board service is terminated for cause. Includes restricted stock units acquired in April, July and October, 2005, and January 2006, pursuant to a dividend reinvestment feature of the reporting person's restricted stock unit award. The restricted stock units vest in four equal annual installments beginning on January 20, 2005. Units are payable in common stock when the reporting person retires in accordance with the Company's director retirement policy, the reporting person's Board service is terminated without cause, or the reporting person voluntarily leaves service on the Board for any reason after 10 years of service. Only vested units are distributable when the holder's Board service ends under other circumstances, except that all units are forfeited if the holder's Board service is terminated for cause. The restricted stock units vest in four equal annual installments beginning on December 17, 2003. Units are payable in common stock when the reporting person retires in accordance with the Company's director retirement policy, the reporting person's Board service is terminated without cause, or the reporting person voluntarily leaves service on the Board for any reason after 10 years of service. Only vested units are distributable when the holder's Board service ends under other circumstances, except that all units are forfeited if the holder's Board service is terminated for cause. The option vests in four equal annual installments beginning on January 17, 2007. The option vests in four equal annual installments beginning on January 3, 2007. Correction of amount incorrectly reported on a Form 4 filed on January 5, 2006, due to clerical error. Lee R. Mitau for Jerry W. Levin 2006-01-19