RICHEY VAN L 4
4 · WACHOVIA CORP NEW · Filed Jan 2, 2009
Insider Transaction Report
Form 4
RICHEY VAN L
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2008-12-31−42,477.66→ 0 totalExercise: $0.00→ Common Stock (42,477.66 underlying) - Disposition to Issuer
Common Stock
2008-12-31−15,485.813→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2008-12-31−2,670→ 0 totalExercise: $34.84From: 2004-11-01Exp: 2014-04-20→ Common Stock (2,670 underlying)
Footnotes (5)
- [F1]Shares disposed of in the merger between Wachovia Corporation and Wells Fargo & Company pursuant to which each share of Wachovia Corporation common stock was exchanged for .1991 shares of Wells Fargo common stock.
- [F2]Phantom stock units awarded pursuant to the Wachovia director deferred stock unit plan. These units are settled following the director's termination of service as a member of the issuer's board of directors.
- [F3]The phantom stock converts into common stock on a one-for-one basis.
- [F4]Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations and t he withholding of shares in payment of the exercise price.
- [F5]In the merger of Wachovia Corporation and Wells Fargo & Company, each outstanding option to purchase Wachovia Corporation common stock was converted to an option to purchase Wells Fargo stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of Wachovia Corporation options by .1991 and the exercise price was adjusted by dividing the Wachovia Corporation exercise price by .1991