Kyle G. Hranicky - 27 Feb 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
Issuer symbol: WFC
Transactions as of: 27 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2023, 15:59:08 UTC
Previous filing: 07 Feb 2023
Next filing: 17 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WFC	Common Stock, $1 2/3 Par Value						119,015	27 Feb 2023	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						32,646	27 Feb 2023	Through 401(k) Plan	F1
holding	WFC	Common Stock, $1 2/3 Par Value						3,000	27 Feb 2023	Through COH Trust	F2
holding	WFC	Common Stock, $1 2/3 Par Value						3,000	27 Feb 2023	Through KGH Trust	F2
holding	WFC	Common Stock, $1 2/3 Par Value						3,000	27 Feb 2023	Through PAH Trust	F2
holding	WFC	Common Stock, $1 2/3 Par Value						2,225	27 Feb 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	+10,262		$0.000000	10,262	27 Feb 2023	Common Stock, $1 2/3 Par Value	10,262		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.