Thomas R. Nides - 24 Oct 2023 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Vice Chairman
Signature
Thomas R. Nides, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
24 Oct 2023
Net transactions value
$0
Form type
4
Filing time
26 Oct 2023, 16:37:02 UTC
Previous filing
10 Oct 2023
SEC
View on sec.gov

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 +146,843 $0.000000 146,843 24 Oct 2023 Common Stock, $1 2/3 Par Value 146,843 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F2 These RSRs vest in three installments: one-third on 10/15/2024, 10/15/2025, and 10/15/2026. 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.