Scott Powell - Jan 25, 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
Stock symbol: WFC
Transactions as of: Jan 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/27/2022, 03:52 PM
Next filing: Feb 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WFC	Common Stock, $1 2/3 Par Value						39.1K	Jan 25, 2022	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						1.16K	Jan 25, 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	+57.7K		$0.00	57.7K	Jan 25, 2022	Common Stock, $1 2/3 Par Value	57.7K		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.