GLUCKMAN VICTORIA BUYNISKI 4
4 · US BANCORP \DE\ · Filed Jan 18, 2006
Insider Transaction Report
Form 4
GLUCKMAN VICTORIA BUYNISKI
Director
Transactions
- Award
Non-Employee Director Stock Option (Right to Buy)
2006-01-17+8,305→ 8,305 totalExercise: $30.00Exp: 2016-01-17→ Common Stock (8,305 underlying) - Award
Deferred Compensation Plan Participation
2006-01-13$30.59/sh+2,615.23$80,000→ 5,734.8 total→ Common Stock (2,615.23 underlying) - Award
Restricted Stock Units
2006-01-17+1,766→ 1,766 total→ Common Stock (1,766 underlying)
Holdings
- 1,817
Restricted Stock Units
→ Common Stock (1,817 underlying) - 2,859
Restricted Stock Units
→ Common Stock (2,859 underlying) - 2,036
Restricted Stock Units
→ Common Stock (2,036 underlying)
Footnotes (10)
- [F1]Deferred Compensation Plan Participation is valued against U.S. Bancorp common stock on a one-for-one basis and is payable in common stock, at the election of the reporting person, following the termination of the reporting person's directorship with U.S. Bancorp.
- [F10]The option vests in four equal annual installments beginning on January 17, 2007.
- [F2]Includes an adjustment to the number of units in the reporting person's deferred compensation plan account in order to preserve the economic value of the plan participation 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 units in the account by .01475.
- [F3]Includes additional amounts acquired in January, April, July and October 2004; January, April, July and October 2005; and January 2006, pursuant to a dividend reinvestment feature of the U.S. Bancorp Deferred Compensation Plan.
- [F4]Restricted stock units convert into common stock on a one-for-one basis.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.