William M. Daley - 27 Oct 2023 Form 3 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Vice Chairman - Public Affairs
Signature
William M. Daley, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
27 Oct 2023
Net transactions value
$0
Form type
3
Filing time
06 Nov 2023, 16:21:14 UTC
Previous filing
17 Mar 2023
Next filing
25 Jan 2024
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 0 27 Oct 2023 Direct
holding WFC Common Stock, $1 2/3 Par Value 5,600 27 Oct 2023 Through IRA
holding WFC Common Stock, $1 2/3 Par Value 46,912 27 Oct 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
holding WFC Restricted Share Right 27 Oct 2023 Common Stock, $1 2/3 Par Value 39,309 Direct F1, F2
holding WFC Restricted Share Right 27 Oct 2023 Common Stock, $1 2/3 Par Value 22,468 Direct F2, F3
holding WFC Restricted Share Right 27 Oct 2023 Common Stock, $1 2/3 Par Value 15,126 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Share Rights ("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 Wells Fargo & Company (the "Company") and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
F2 Each RSR represents a contingent right to receive one share of Company common stock.
F3 These RSRs vest in three installments: one-third on 2/5/2023, 2/5/2024, and 2/5/2025. 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.
F4 These RSRs vest in three installments: one-third on 2/5/2022, 2/5/2023, and 2/5/2024. 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