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
Wyoming Nonemployee Director Stock Option Plan of U.S. Bancorp
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FAQ
Is U.S. Bank part of U.S. Bancorp? Yes, U.S. Bancorp [NYSE: USB] is the publicly traded parent company of U.S. Bank.
Jerry Grundhofer (born 1945) is the former CEO and Chairman of U.S. Bancorp.
Yes, U.S. Bancorp [NYSE: USB] is the publicly traded parent company of U.S. Bank.
?Our succession planning efforts have enabled us to move quickly and prudently to ensure continuity of leadership and service as senior executives have made personal and professional choices in their careers,? said Andy Cecere , chairman, president and CEO of U.S. Bank .
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.
Andy Cecere is the chairman, president and chief executive officer of U.S. Bancorp, a well-respected financial services holding company with businesses across the United States, Canada and Europe.