Ather Williams III - 05 Feb 2024 Form 4/A Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Ather Williams III, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
05 Feb 2024
Net transactions value
-$1,307,824
Form type
4/A
Filing time
23 Feb 2024, 21:09:03 UTC
Date Of Original Report
07 Feb 2024
Previous filing
25 Jan 2024
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +22,724 +15% $0.000000 174,178 05 Feb 2024 Direct F1
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $563,691 -11,575 -6.6% $48.70 162,603 05 Feb 2024 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +13,126 +8.1% $0.000000 175,729 05 Feb 2024 Direct F2
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $325,419 -6,682 -3.8% $48.70 169,047 05 Feb 2024 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +16,884 +10% $0.000000 185,931 05 Feb 2024 Direct F3
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $418,713 -8,598 -4.6% $48.70 177,333 05 Feb 2024 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WFC Restricted Share Right Options Exercise $0 -22,724 -100% $0.000000* 0 05 Feb 2024 Common Stock, $1 2/3 Par Value 22,724 Direct F5, F6
transaction WFC Restricted Share Right Options Exercise $0 -13,126 -50% $0.000000 13,126 05 Feb 2024 Common Stock, $1 2/3 Par Value 13,126 Direct F5, F7
transaction WFC Restricted Share Right Options Exercise $0 -16,884 -33% $0.000000 33,766 05 Feb 2024 Common Stock, $1 2/3 Par Value 16,884 Direct F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2024. 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).
F2 Number of shares represents a RSR vesting on February 5, 2024. 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).
F3 Number of shares represents a RSR vesting on February 5, 2024. Original grant date was January 24, 2023. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F4 Due to technical issues, the transactional rows in the initial Form 4 filed on February 7, 2024 were in the incorrect order. This amendment is filed to correct the order of the transactions occurring on February 5, 2024, and reflect the reporting person's correct direct ownership of 177,333.15 following the transactions occurring on such date.
F5 Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F6 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.
F7 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.
F8 These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. 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.