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U.S. Bancorp's Vice Chairman just cashed-in 50,000 options

Richard B Payne, U.S. Bancorp's Vice Chairman, recently cashed-in 50,000 options. The options were exercised at $31.04, while the disposals took place at $43.05 per share, on October 28, 2015. Payne continues to hold 51,014 shares of the company. Payne operates out of Minneapolis, MN. Some additional info was provided as follows:

Includes amount acquired pursuant to dividend reinvestment. The price in Column 4 is...