Bei Ling - Oct 26, 2021 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Signature
Bei Ling, by Robert J. Kaukol, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Oct 26, 2021
Transactions value $
$0
Form type
4
Date filed
10/28/2021, 12:19 PM
Previous filing
Oct 6, 2021
Next filing
Jan 27, 2022

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 Award $0 +51.3K $0.00 51.3K Oct 26, 2021 Common Stock, $1 2/3 Par Value 51.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F2 These RSRs vest in two installments: 65% on 1/15/2023 and 35% on 1/15/2024. 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.