Michael S. Weinbach - 18 Jun 2022 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Jun 2022, 11:56:08 UTC
Prior SEC filing
08 Feb 2022
Next SEC filing
09 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Michael S. Weinbach, by Robert J. Kaukol, as Attorney-in-Fact

Key filing fact

Michael S. Weinbach filed Form 4 for WELLS FARGO & COMPANY/MN (WFC) on 22 Jun 2022.

Key facts

  • This page summarizes Michael S. Weinbach's Form 4 filing for WELLS FARGO & COMPANY/MN (WFC).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 22 Jun 2022, 11:56.

Change

  • Previous filing in this sequence was filed on 08 Feb 2022.
  • Current net transaction value: -$1,435,378.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WFC transaction

Common Stock, $1 2/3 Par Value

Options Exercise

Transaction value
$0
Shares
+73,069
Change %
+81%
Price
$0.000000
Shares after
163,382
Date
18 Jun 2022
Ownership
Direct
Footnotes
F1, F2
WFC transaction

Common Stock, $1 2/3 Par Value

Tax liability

Transaction value
$1,435,378
Shares
-37,302
Change %
-23%
Price
$38.48
Shares after
126,080
Date
18 Jun 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WFC transaction Derivative

Restricted Share Right

Options Exercise

Transaction value
$0
Shares
-73,069
Change %
-50%
Price
$0.000000
Shares after
73,068
Date
18 Jun 2022
Ownership
Direct
Underlying class
Common Stock, $1 2/3 Par Value
Underlying amount
73,069
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Number of shares represents a Restricted Share Right ("RSR") vesting on June 18, 2022. Original grant date was June 18, 2020. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).

Footnote F2

Includes 65 shares acquired through Wells Fargo & Company's (the "Company") dividend reinvestment plan on 3/1/2022.

Footnote F3

Each RSR represents a contingent right to receive one share of Company common stock.

Footnote F4

These RSRs vest in three installments: one-third on 6/18/2021, 6/18/2022, and 6/18/2023. 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.

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