Kyle G. Hranicky - Feb 27, 2023 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Kyle G. Hranicky, by Janet McGinness, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 03:59 PM
Previous filing
Feb 7, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFC Common Stock, $1 2/3 Par Value 119K Feb 27, 2023 Direct
holding WFC Common Stock, $1 2/3 Par Value 32.6K Feb 27, 2023 Through 401(k) Plan F1
holding WFC Common Stock, $1 2/3 Par Value 3K Feb 27, 2023 Through COH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 3K Feb 27, 2023 Through KGH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 3K Feb 27, 2023 Through PAH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 2.23K Feb 27, 2023 Through Trust F3

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 2020 Performance Shares Award $0 +10.3K $0.00 10.3K Feb 27, 2023 Common Stock, $1 2/3 Par Value 10.3K Direct F4, F5
* 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 February 22, 2023, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F2 The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F3 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.
F4 Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
F5 Represents the number of 2020 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2022 pursuant to the terms and conditions of a Performance Share award granted on March 3, 2020, which is exempt under Rule 16b-3(d). 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.