Scott Powell - 25 Jan 2022 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
SEVP & Chief Operating Officer
Signature
Scott E. Powell, by Robert J. Kaukol, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
25 Jan 2022
Net transactions value
$0
Form type
4
Filing time
27 Jan 2022, 15:52:48 UTC
Next filing
01 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFC Common Stock, $1 2/3 Par Value 39,147 25 Jan 2022 Direct
holding WFC Common Stock, $1 2/3 Par Value 1,164 25 Jan 2022 Through 401(k) Plan F1

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 +57,730 $0.000000 57,730 25 Jan 2022 Common Stock, $1 2/3 Par Value 57,730 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 31, 2021, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F2 Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
F3 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.