Kyle G. Hranicky - Feb 5, 2022 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Signature
Kyle G. Hranicky, by Robert J. Kaukol, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Feb 5, 2022
Transactions value $
-$434,487
Form type
4
Date filed
2/8/2022, 11:50 AM
Previous filing
Jan 27, 2022
Next filing
Mar 2, 2022

Transactions Table

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 -5.38K -33.34% $0.00 10.8K Feb 5, 2022 Common Stock, $1 2/3 Par Value 5.38K Direct F5, F6
transaction WFC Restricted Share Right Options Exercise $0 -14.2K -33.33% $0.00 28.4K Feb 5, 2022 Common Stock, $1 2/3 Par Value 14.2K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2022. Original grant date was January 26, 2021. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F2 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 31, 2022, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F3 The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F4 Held in trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
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 2/5/2022, 2/5/2023, and 2/5/2024.