Ather Williams III - 05 Feb 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Sr. Executive Vice President
Signature: Ather Williams III, by Meghan Daly, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 05 Feb 2025
Net transactions value: -$1,712,868
Form type: 4
Filing time: 07 Feb 2025, 18:08:14 UTC
Previous filing: 30 Jan 2025
Next filing: 26 Feb 2025
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	+13,448	+8.2%	$0.000000	177,063	05 Feb 2025	Direct	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$545,180	-6,860	-3.9%	$79.47	170,203	05 Feb 2025	Direct
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+17,298	+10%	$0.000000	187,501	05 Feb 2025	Direct	F2
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$701,667	-8,829	-4.7%	$79.47	178,671	05 Feb 2025	Direct
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+15,190	+8.5%	$0.000000	193,862	05 Feb 2025	Direct	F3
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$466,021	-5,864	-3%	$79.47	187,998	05 Feb 2025	Direct

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	-13,448	-100%	$0.000000	0	05 Feb 2025	Common Stock, $1 2/3 Par Value	13,448		Direct	F4, F5
transaction	WFC	Restricted Share Right	Options Exercise	$0	-17,298	-50%	$0.000000	17,296	05 Feb 2025	Common Stock, $1 2/3 Par Value	17,298		Direct	F4, F6
transaction	WFC	Restricted Share Right	Options Exercise	$0	-15,190	-33%	$0.000000	30,381	05 Feb 2025	Common Stock, $1 2/3 Par Value	15,190		Direct	F4, F7

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

Explanation of Responses:

Id	Content
F1	Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2025. 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).
F2	Number of shares represents a RSR vesting on February 5, 2025. 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).
F3	Number of shares represents a RSR vesting on February 5, 2025. Original grant date was January 23, 2024. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F4	Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F5	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.
F6	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.
F7	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.