Form 4 for WFC Wells Fargo
Accepted 2022-10-25 00:00:00 ET · period of report 2022-10-21 · accession 0001127602-22-024318 · 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 | 2022-10-25 | 2022-10-21 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | M - OptEx | $0.00 | +123.5K | 440.3K | +39% | $0 |
| D | 2022-10-25 | 2022-10-21 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | F - Tax | $44.83 | -68.3K | 372.0K | -16% | -$3.06M |
| D | 2022-10-25 | 2022-10-21 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | M - OptEx | $0.00 | -123.5K | 246.9K | -33% | $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 | 2022-10-21 | M | A | 123,466.34 | $0.00 | 440,295.34 | D | — | — | (F1) Number of shares represents a Restricted Share Right ("RSR") vesting on 10/21/2022. Original grant date was 10/21/2019. This vesting represents one-fifth of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). (F2) Includes 161 shares acquired through Wells Fargo & Company's (the "Company") dividend reinvestment plan on 3/1/2022. |
| 2 | Common | Common Stock, $1 2/3 Par Value | 2022-10-21 | F | D | 68,277.34 | $44.83 | 372,018 | D | — | — | |
| 3 | Derivative | Restricted Share Right | 2022-10-21 | M | D | 123,466.34 | $0.00 | 246,932.68 | D | — · — to — | 123,466.34 Common Stock, $1 2/3 Par Value | (F3) Each RSR represents a contingent right to receive one share of Company common stock. (F4) These RSRs vest in five installments: one-fifth on 10/21/2020, 10/21/2021, 10/21/2022, 10/21/2023, and 10/21/2024. 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. |