4//SEC Filing
Weiss Jonathan G. 4
Accession 0000950170-24-028282
CIK 0000072971other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 8:12 PM ET
Size
10.4 KB
Accession
0000950170-24-028282
Insider Transaction Report
Form 4
Weiss Jonathan G.
Sr. Executive Vice President
Transactions
- Tax Payment
Common Stock, $1 2/3 Par Value
2024-03-05$56.60/sh−69,173.09$3,915,197→ 368,633.838 total - Exercise/Conversion
2021 Performance Shares
2024-03-05−125,086.962→ 0 total→ Common Stock, $1 2/3 Par Value (125,086.962 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2024-03-05+125,086.962→ 437,806.929 total
Holdings
- 8,232.23(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (4)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2024 upon settlement of a Performance Share award granted on January 26, 2021 for the three-year performance period ended December 31, 2023 (as previously disclosed on a Form 4 filed on February 29, 2024), plus dividend equivalents invested in additional Performance Shares.
- [F2]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 29, 2024, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
- [F3]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F4]Represents the number of 2021 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2023 pursuant to the terms and conditions of a Performance Share award granted on January 26, 2021, plus dividend equivalents invested in additional Performance Shares, which is exempt under Rule 16b-3(d). 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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001710558
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 8:12 PM ET
- Size
- 10.4 KB