Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | WFC | Common Stock, $1 2/3 Par Value | 178K | Feb 27, 2024 | Direct | ||||||
holding | WFC | Common Stock, $1 2/3 Par Value | 3.92K | Feb 27, 2024 | Through 401(k) Plan | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WFC | 2021 Performance Shares | Award | $0 | +130K | $0.00 | 130K | Feb 27, 2024 | Common Stock, $1 2/3 Par Value | 130K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 14, 2024, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock. |
F2 | Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting. |
F3 | 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, 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. |