WELLS FARGO & COMPANY/MN 4
4 · WELLS FARGO & COMPANY/MN · Filed Jul 24, 2015
Insider Transaction Report
Form 4
Rhein Kevin A
Executive Vice President
Transactions
- Exercise/Conversion
Restricted Share Right
2015-07-22−4,998.754→ 14,995.236 total→ Common Stock, $1 2/3 Par Value (4,998.754 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2015-07-22+4,998.754→ 214,643.754 total - Tax Payment
Common Stock, $1 2/3 Par Value
2015-07-22$58.52/sh−2,292.754$134,172→ 212,351 total
Holdings
- 4,378.603(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (4)
- [F1]Number of shares represents a Restricted Share Right ("RSR") vesting on 7/22/2015. Original grant date was 7/22/2014. This vesting represents one-fourth of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F2]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of June 30, 2015, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- [F3]Each RSR represents a contingent right to receive one share of Company common stock.
- [F4]These RSRs vest in four installments: one-fourth on 7/22/2015, 7/22/2016, 7/22/2017, and 7/22/2018. 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.