Derek A. Flowers - Apr 16, 2021 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Sr. Executive Vice President
Signature: Derek A. Flowers, by Anthony R. Augliera, as Attorney-in-Fact
Stock symbol: WFC
Transactions as of: Apr 16, 2021
Transactions value $: -$80,781
Form type: 4
Date filed: 6/15/2021, 12:30 PM
Next filing: Jan 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	-10.7K	-100%	$0.00^*	0	Apr 16, 2021	Direct
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	+10.7K	+10.51%	$0.00	112K	Apr 16, 2021	Through Trust	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+3.96K		$0.00	3.96K	Jun 12, 2021	Direct	F2
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	-$80.8K	-1.77K	-44.71%	$45.68	2.19K	Jun 12, 2021	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						11.2K	Apr 16, 2021	Through 401(k) Plan	F3
holding	WFC	Common Stock, $1 2/3 Par Value						335	Apr 16, 2021	Through Spouse's IRA	F4
holding	WFC	Preferred Shares, Series L						25	Apr 16, 2021	Through Trust

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	-3.96K	-50%	$0.00	3.96K	Jun 12, 2021	Common Stock, $1 2/3 Par Value	3.96K		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 237.058 shares acquired through Wells Fargo & Company's (the "Company") dividend reinvestment plan on 6/1/2021.
F2	Number of shares represents a Restricted Share Right ("RSR") vesting on June 12, 2021. Original grant date was June 12, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F3	Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of May 28, 2021, as if investable cash equivalents held by Plan were fully invested in Company common stock.
F4	Includes .46 shares acquired through the Company's dividend reinvestment plan on 6/1/2021.
F5	Each RSR represents a contingent right to receive one share of Company common stock.
F6	These RSRs vest in three installments: one-third on 6/12/2020, 6/12/2021, and 6/12/2022. 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.