Form 4 for WFC Wells Fargo
Accepted 2023-02-07 00:00:00 ET · period of report 2023-02-05 · accession 0001127602-23-003733 · 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 | 2023-02-07 | 2023-02-05 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | M - OptEx | $0.00 | +111.4K | 442.3K | +34% | $0 |
| DM | 2023-02-07 | 2023-02-05 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | F - Tax | $47.58 | -61.6K | 405.2K | -13% | -$2.93M |
| DM | 2023-02-07 | 2023-02-05 | WFC | SCHARF CHARLES W | CEO, Pres, Dir | M - OptEx | $0.00 | -111.4K | 74.3K | -60% | $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 | 2023-02-05 | M | A | 74,345.99 | $0.00 | 446,363.99 | D | — | — | (F1) Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2023. Original grant date was January 26, 2021. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). |
| 2 | Common | Common Stock, $1 2/3 Par Value | 2023-02-05 | F | D | 20,506.55 | $47.58 | 421,825 | D | — | — | |
| 3 | Common | Common Stock, $1 2/3 Par Value | 2023-02-05 | M | A | 37,081.55 | $0.00 | 442,331.55 | D | — | — | (F2) Number of shares represents a RSR vesting on February 5, 2023. Original grant date was January 25, 2022. 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 | 2023-02-05 | F | D | 41,113.99 | $47.58 | 405,250 | D | — | — | |
| 5 | Derivative | Restricted Share Right | 2023-02-05 | M | D | 37,081.55 | $0.00 | 74,163.09 | D | — · — to — | 37,081.55 Common Stock, $1 2/3 Par Value | (F3) Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock. (F5) These RSRs vest in three installments: one-third on 2/5/2023, 2/5/2024, and 2/5/2025. 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. |
| 6 | Derivative | Restricted Share Right | 2023-02-05 | M | D | 74,345.99 | $0.00 | 74,345.99 | D | — · — to — | 74,345.99 Common Stock, $1 2/3 Par Value | (F3) Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock. (F4) These RSRs vest in three installments: one-third on 2/5/2022, 2/5/2023 and 2/5/2024. 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. |