Form 4 for WFC Wells Fargo
Accepted 2024-03-07 00:00:00 ET · period of report 2024-03-05 · accession 0000950170-24-028312 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-07 | 2024-03-05 | WFC | Flowers Derek A. | CRO, Sr. EVP | F - Tax | $56.60 | -19.4K | 51.4K | -27% | -$1.10M |
| D | 2024-03-07 | 2024-03-05 | WFC | Flowers Derek A. | CRO, Sr. EVP | M - OptEx | $0.00 | +44.1K | 70.8K | +164% | $0 |
| D | 2024-03-07 | 2024-03-05 | WFC | Flowers Derek A. | CRO, Sr. EVP | M - OptEx | $0.00 | -44.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $1 2/3 Par Value | 2024-03-05 | F | D | 19,430.94 | $56.60 | 51,418.60 | D | — | — | |
| 2 | Common | Common Stock, $1 2/3 Par Value | 2024-03-05 | M | A | 44,058.12 | $0.00 | 70,849.54 | D | — | — | (F1) These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2024 upon settlement of a Performance Share award granted on January 26, 2021 for the three-year performance period ended December 31, 2023 (as previously disclosed on a Form 4 filed on February 29, 2024), plus dividend equivalents invested in additional Performance Shares. |
| 3 | Derivative | 2021 Performance Shares | 2024-03-05 | M | D | 44,058.12 | $0.00 | 0 | D | — · — to — | 44,058.12 Common Stock, $1 2/3 Par Value | (F4) Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting. (F5) Represents the number of 2021 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2023 pursuant to the terms and conditions of a Performance Share award granted on January 26, 2021, plus dividend equivalents invested in additional Performance Shares, which is exempt under Rule 16b-3(d). As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. |