Derek A. Flowers - 24 Jan 2023 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. EVP and Chief Risk Officer
Signature
Derek A. Flowers, by Janet McGinness, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
24 Jan 2023
Net transactions value
$0
Form type
4
Filing time
26 Jan 2023, 16:36:50 UTC
Previous filing
14 Jun 2022
Next filing
07 Feb 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 Gift $0 -24,522 -100% $0.000000* 0 15 Jun 2022 Direct
transaction WFC Common Stock, $1 2/3 Par Value Gift $0 +24,522 +21% $0.000000 142,871 15 Jun 2022 Through Trust F1
holding WFC Common Stock, $1 2/3 Par Value 12,601 24 Jan 2023 Through 401(k) Plan F2
holding WFC Common Stock, $1 2/3 Par Value 342 24 Jan 2023 Through Spouse's IRA F3
holding WFC Preferred Shares, Series L 25 24 Jan 2023 Through Trust

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 +43,780 $0.000000 43,780 24 Jan 2023 Common Stock, $1 2/3 Par Value 43,780 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the following shares acquired through Wells Fargo & Company's (the "Company") dividend reinvestment plan: 978.232 shares on 9/1/2022 and 905.555 shares on 12/1/2022.
F2 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 30, 2022, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
F3 Includes the following shares acquired through the Company's dividend reinvestment plan: 1.536 shares on 9/1/2022 and 1.422 shares on 12/1/2022.
F4 Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
F5 These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. 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.

Remarks:

Exhibit 24 - Power of Attorney