STEVEN D. BLACK - 01 Jul 2023 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Director
Signature: Steven D. Black, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 01 Jul 2023
Net transactions value: +$87,500
Form type: 4
Filing time: 05 Jul 2023, 16:57:01 UTC
Previous filing: 23 Jun 2023
Next filing: 03 Oct 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						131	01 Jul 2023	Direct	F1

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	Phantom Stock Units	Award	$87,500	+2,050	+5.7%	$42.68	38,290	01 Jul 2023	Common Stock, $1 2/3 Par Value	2,050		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes .966 shares acquired on 6/1/2023 through Wells Fargo & Company's (the "Company") dividend reinvestment plan.
F2	Each phantom stock unit represents the right to receive one share of Company common stock.
F3	Deferred compensation shares payable in installments based upon director's election.