WELLS FARGO & COMPANY/MN 4
4 · WELLS FARGO & COMPANY/MN · Filed Jul 30, 2015
Insider Transaction Report
Form 4
Rhein Kevin A
Executive Vice President
Transactions
- Award
Restricted Share Right
2015-07-28+17,422→ 17,422 total→ Common Stock, $1 2/3 Par Value (17,422 underlying)
Holdings
- 4,378.603(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 212,351
Common Stock, $1 2/3 Par Value
Footnotes (3)
- [F1]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.
- [F2]Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
- [F3]These RSRs vest in four installments: one-fourth on 7/28/2016, 7/28/2017, 7/28/2018, and 7/28/2019. 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.