Kyle G. Hranicky - 05 Feb 2024 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Kyle G. Hranicky, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
05 Feb 2024
Net transactions value
-$859,410
Form type
4
Filing time
07 Feb 2024, 19:00:25 UTC
Previous filing
25 Jan 2024
Next filing
01 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +5,681 +47% $0.000000 17,879 05 Feb 2024 Direct F5
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $116,180 -2,386 -13% $48.70 15,493 05 Feb 2024 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +14,998 +97% $0.000000 30,491 05 Feb 2024 Direct F5
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $289,583 -5,946 -20% $48.70 24,545 05 Feb 2024 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +9,590 +39% $0.000000 34,135 05 Feb 2024 Direct F6
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $194,031 -3,984 -12% $48.70 30,151 05 Feb 2024 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +13,157 +44% $0.000000 43,308 05 Feb 2024 Direct F7
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $259,616 -5,331 -12% $48.70 37,977 05 Feb 2024 Direct
holding WFC Common Stock, $1 2/3 Par Value 33,996 05 Feb 2024 Through 401(k) Plan F1
holding WFC Common Stock, $1 2/3 Par Value 3,800 05 Feb 2024 Through COH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 3,800 05 Feb 2024 Through KGH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 3,800 05 Feb 2024 Through PAH Trust F2
holding WFC Common Stock, $1 2/3 Par Value 114,029 05 Feb 2024 Through PCK Family Holdings LP F3
holding WFC Common Stock, $1 2/3 Par Value 2,225 05 Feb 2024 Through Trust F4

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 Options Exercise $0 -5,681 -100% $0.000000* 0 05 Feb 2024 Common Stock, $1 2/3 Par Value 5,681 Direct F8, F9
transaction WFC Restricted Share Right Options Exercise $0 -14,998 -100% $0.000000* 0 05 Feb 2024 Common Stock, $1 2/3 Par Value 14,998 Direct F8, F9
transaction WFC Restricted Share Right Options Exercise $0 -9,590 -50% $0.000000 9,589 05 Feb 2024 Common Stock, $1 2/3 Par Value 9,590 Direct F8, F10
transaction WFC Restricted Share Right Options Exercise $0 -13,157 -33% $0.000000 26,313 05 Feb 2024 Common Stock, $1 2/3 Par Value 13,157 Direct F8, F11
* 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 January 31, 2024, 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 The Reporting Person and his spouse jointly control the general partner of the limited partnership.
F4 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.
F5 Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2024. Original grant date was January 26, 2021. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F6 Number of shares represents a RSR vesting on February 5, 2024. Original grant date was January 25, 2022. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F7 Number of shares represents a RSR vesting on February 5, 2024. Original grant date was January 24, 2023. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F8 Each RSR represents a contingent right to receive one share of Company common stock.
F9 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.
F10 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.
F11 These 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 the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.