West Virginia Nonemployee Director Stock Option Plan of U.S. Bancorp

State:
Multi-State
Control #:
US-CC-18-209A
Format:
Word; 
Rich Text
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Description

18-209A 18-209A . . . Outside Director Stock Option Plan under which, in addition to initial grants at fair market value on date of grant, each outside director may elect to receive deferred compensation option in lieu of all or specified portion of any directors fees. Such deferred compensation options shall be for number of shares equal to dollar amount specified in optionee's deferral election divided by difference between (a) fair market value of a share and (b) greater of 40% of fair market value of a share as of grant date or $5.00; and exercise price shall be equal to greater of (x) 40% of fair market value of a share as of grant date or (y) $5.00
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  • Preview Nonemployee Director Stock Option Plan of U.S. Bancorp
  • Preview Nonemployee Director Stock Option Plan of U.S. Bancorp
  • Preview Nonemployee Director Stock Option Plan of U.S. Bancorp
  • Preview Nonemployee Director Stock Option Plan of U.S. Bancorp
  • Preview Nonemployee Director Stock Option Plan of U.S. Bancorp

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FAQ

U.S. Bancorp (USB) is a diversified financial services company that offers retail and commercial banking, private banking, and wealth management solutions through its subsidiaries.

U.S. Bancorp is a large regional U.S. bank. Regional bank stocks fell sharply in early 2023 thanks to the failure of several regional banks. U.S. Bancorp's laggard performance predates the 2023 banking crisis.

Who owns Us Bancorp? Us Bancorp (NYSE: USB) is owned by 74.04% institutional shareholders, 19.86% Us Bancorp insiders, and 6.10% retail investors. Berkshire Hathaway Inc is the largest individual Us Bancorp shareholder, owning 300.56M shares representing 19.30% of the company.

Yes, U.S. Bancorp [NYSE: USB] is the publicly traded parent company of U.S. Bank. While we often use U.S. Bancorp in formal documents and corporate filings, U.S. Bank is what you'll see on branch doorways, app stores, national television commercials and much more.

Your deposits are safe with us. As an FDIC-insured bank, eligible U.S Bank consumer and business deposits are insured unconditionally by the United States government.

The Bancorp, Inc. (NASDAQ: TBBK), headquartered in Wilmington, Delaware, is a payment services provider and specialized lender within the U.S. through its subsidiary, The Bancorp Bank, N.A. (headquartered in Sioux Falls, South Dakota).

In Cincinnati, First National Bank of Cincinnati opened for business on July 13, 1863 under National Charter #24?the charter that U.S. Bancorp still operates under today, and one of the oldest active national bank charters in the nation. U.S. Bancorp claims 1863 as its founding date.

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West Virginia Nonemployee Director Stock Option Plan of U.S. Bancorp