Form 4 for WFC Wells Fargo
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001127602-22-009628 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-17 | 2022-03-15 | WFC | Weiss Jonathan G. | Sr. EVP | M - OptEx | $0.00 | +51.5K | 229.6K | +29% | $0 |
| DM | 2022-03-17 | 2022-03-15 | WFC | Weiss Jonathan G. | Sr. EVP | F - Tax | $50.11 | -25.7K | 222.4K | -10% | -$1.29M |
| DM | 2022-03-17 | 2022-03-15 | WFC | Weiss Jonathan G. | Sr. EVP | M - OptEx | $0.00 | -51.5K | 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 | 2022-03-15 | M | A | 27,516.22 | $0.00 | 224,180.22 | D | — | — | (F1) These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2022 upon settlement of a Performance Share award granted on February 26, 2019 for the three-year performance period ended December 31, 2021 (as previously disclosed on a Form 4 filed on March 2, 2022). (F2) Includes 69 shares acquired through the Company's dividend reinvestment plan on 3/1/2022. |
| 2 | Common | Common Stock, $1 2/3 Par Value | 2022-03-15 | F | D | 14,047.22 | $50.11 | 210,133 | D | — | — | |
| 3 | Common | Common Stock, $1 2/3 Par Value | 2022-03-15 | M | A | 9,171.71 | $0.00 | 219,304.71 | D | — | — | (F3) Number of shares represents a Restricted Share Right ("RSR") vesting on March 15, 2022. Original grant date was February 26, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). |
| 4 | Common | Common Stock, $1 2/3 Par Value | 2022-03-15 | F | D | 4,466.71 | $50.11 | 214,838 | D | — | — | |
| 5 | Common | Common Stock, $1 2/3 Par Value | 2022-03-15 | M | A | 14,797.31 | $0.00 | 229,635.31 | D | — | — | (F4) Number of shares represents a RSR vesting on March 15, 2022. Original grant date was March 3, 2020. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). |
| 6 | Common | Common Stock, $1 2/3 Par Value | 2022-03-15 | F | D | 7,206.31 | $50.11 | 222,429 | D | — | — | |
| 7 | Derivative | Restricted Share Right | 2022-03-15 | M | D | 9,171.71 | $0.00 | 0 | D | — · — to — | 9,171.71 Common Stock, $1 2/3 Par Value | (F8) Each RSR represents a contingent right to receive one share of Company common stock. (F9) These RSRs vest in three installments: one-third on 3/15/2020, 3/15/2021, and 3/15/2022. 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. |
| 8 | Derivative | Restricted Share Right | 2022-03-15 | M | D | 14,797.31 | $0.00 | 14,796.27 | D | — · — to — | 14,797.31 Common Stock, $1 2/3 Par Value | (F8) Each RSR represents a contingent right to receive one share of Company common stock. (F10) These RSRs vest in three installments: one-third on 3/15/2021, 3/15/2022, and 3/15/2023. 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. |
| 9 | Derivative | 2019 Performance Shares | 2022-03-15 | M | D | 27,516.22 | $0.00 | 0 | D | — · — to — | 27,516.22 Common Stock, $1 2/3 Par Value | (F6) Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting. (F7) Represents the number of 2019 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2021 pursuant to the terms and conditions of a Performance Share award granted on February 26, 2019, 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. |