4//SEC Filing
WELLS FARGO & COMPANY/MN 4
Accession 0001127602-14-011935
$WFCCIK 0000072971operating
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 2:46 PM ET
Size
34.3 KB
Accession
0001127602-14-011935
Insider Transaction Report
Form 4
HOYT DAVID A
Sr. Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2014-03-15+2,817.47→ 167,027.47 total - Tax Payment
Common Stock, $1 2/3 Par Value
2014-03-15$47.40/sh−175,291.243$8,308,805→ 160,643 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2014-03-15+3,828.492→ 164,471.492 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2014-03-15+3,284.713→ 165,847.713 total - Tax Payment
Common Stock, $1 2/3 Par Value
2014-03-15$47.40/sh−1,404.47$66,572→ 165,623 total - Exercise/Conversion
Restricted Share Right
2014-03-15−3,828.492→ 0 total→ Common Stock, $1 2/3 Par Value (3,828.492 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2014-03-15+335,934.243→ 335,934.243 total - Tax Payment
Common Stock, $1 2/3 Par Value
2014-03-15$47.40/sh−1,908.492$90,463→ 162,563 total - Tax Payment
Common Stock, $1 2/3 Par Value
2014-03-15$47.40/sh−1,637.713$77,628→ 164,210 total - Exercise/Conversion
2011 Performance Shares
2014-03-15−335,934.243→ 0 total→ Common Stock, $1 2/3 Par Value (335,934.243 underlying) - Exercise/Conversion
Restricted Share Right
2014-03-15−3,284.713→ 3,284.713 total→ Common Stock, $1 2/3 Par Value (3,284.713 underlying) - Exercise/Conversion
Restricted Share Right
2014-03-15−2,817.47→ 5,634.939 total→ Common Stock, $1 2/3 Par Value (2,817.47 underlying)
Holdings
- 2,368(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 130(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 728(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 3,198(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 1,680(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 1,680(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 1,680(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 735,375(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 1,680(indirect: By Trust)
Common Stock, $1 2/3 Par Value
- 3,198(indirect: By Trust)
Common Stock, $1 2/3 Par Value
Footnotes (10)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2014 upon settlement of a Performance Share award granted on February 22, 2011 in connection with the attainment of pre-established performance goals over the three-year performance period ended December 31, 2013 (as previously disclosed on a Form 4 filed on March 4, 2014).
- [F10]These RSRs vest in three installments: one-third on 3/15/2014, 3/15/2015, and 3/15/2016. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for at least one year after retirement, shares of Company common stock equal to at least 50% of the after-tax shares (assuming a 50% tax rate) acquired upon vesting. These RSRs were granted to the reporting person as part of the reporting person's 2012 annual incentive compensation award.
- [F2]Number of shares represents a Restricted Share Right ("RSR") vesting on 3/15/2014. Original grant date was 2/22/2011. 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 3/15/2014. Original grant date was 2/28/2012. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F4]Number of shares represents a RSR vesting on 3/15/2014. Original grant date was 3/8/2013. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F5]Each Performance Share represented a contingent right to receive one share of Company common stock upon vesting based on the attainment of pre-established performance goals.
- [F6]Represents the maximum number of 2011 Performance Shares earned based on the Company's attainment of pre-established performance goals for the three-year performance period ended December 31, 2013, as provided under the terms of a Performance Share award granted on February 22, 2011, which is exempt under Rule 16b-3(d). The 2011 Performance Shares will be settled in shares of common stock of the Company on March 15, 2014. As a condition to receiving the award, the reporting person agreed to hold, while employed by the Company and for at least one year after retirement, shares of Company common stock equal to at least 50% of the after-tax shares (assuming a 50% tax rate) acquired upon vesting.
- [F7]Each RSR represents a contingent right to receive one share of Company common stock.
- [F8]These RSRs vest in three installments: one-third on 3/15/2012, 3/15/2013, and 3/15/2014. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for at least one year after retirement, shares of Company common stock equal to at least 50% of the after-tax shares (assuming a 50% tax rate) acquired upon vesting. These RSRs were granted to the reporting person as part of the reporting person's 2010 annual incentive compensation award.
- [F9]These RSRs vest in three installments: one-third on 3/15/2013, 3/15/2014, and 3/15/2015. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for at least one year after retirement, shares of Company common stock equal to at least 50% of the after-tax shares (assuming a 50% tax rate) acquired upon vesting. These RSRs were granted to the reporting person as part of the reporting person's 2011 annual incentive compensation award.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000072971
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 2:46 PM ET
- Size
- 34.3 KB