Saul Van Beurden - 08 Apr 2022 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Sr. Executive Vice President
Signature: Saul Van Beurden, by Robert J. Kaukol, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 08 Apr 2022
Net transactions value: -$870,377
Form type: 4
Filing time: 12 Apr 2022, 12:09:09 UTC
Previous filing: 17 Mar 2022
Next filing: 26 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+3,722	+6.8%	$0.000000	58,214	08 Apr 2022	Direct	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$92,606	-1,900	-3.3%	$48.73	56,314	08 Apr 2022	Direct
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+31,265	+56%	$0.000000	87,579	08 Apr 2022	Direct	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$777,770	-15,961	-18%	$48.73	71,618	08 Apr 2022	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						320	08 Apr 2022	By Child 1
holding	WFC	Common Stock, $1 2/3 Par Value						320	08 Apr 2022	By Child 2
holding	WFC	Common Stock, $1 2/3 Par Value						320	08 Apr 2022	By Child 3
holding	WFC	Common Stock, $1 2/3 Par Value						365	08 Apr 2022	Through 401(k) Plan	F2

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	-3,722	-100%	$0.000000^*	0	08 Apr 2022	Common Stock, $1 2/3 Par Value	3,722		Direct	F3, F4
transaction	WFC	Restricted Share Right	Options Exercise	$0	-31,265	-100%	$0.000000^*	0	08 Apr 2022	Common Stock, $1 2/3 Par Value	31,265		Direct	F3, F4

* 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 April 8, 2022. Original grant date was April 8, 2019. 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 March 31, 2022, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F3	Each RSR represents a contingent right to receive one share of Company common stock.
F4	These RSRs vest in three installments: one-third on 4/8/2020, 4/8/2021, and 4/8/2022. 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.