Barry Sommers - Jan 23, 2024 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Signature
Barry Sommers, by Ryan T. Tollgaard, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Jan 23, 2024
Transactions value $
$0
Form type
4
Date filed
1/25/2024, 08:38 PM
Previous filing
Feb 7, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFC Common Stock, $1 2/3 Par Value 23.3K Jan 23, 2024 Direct F1
holding WFC Common Stock, $1 2/3 Par Value 858 Jan 23, 2024 Through 401(k) Plan F2

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 +60.5K $0.00 60.5K Jan 23, 2024 Common Stock, $1 2/3 Par Value 60.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 101.7826 shares acquired under the Wells Fargo & Company's (the "Company") dividend reinvestment plan subsequent to the date of the reporting person's most recent filing on Form 4.
F2 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 29, 2023, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
F3 Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
F4 These RSRs vest in three installments: one-third on 2/5/2025, 2/5/2026, and 2/5/2027. 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