4//SEC Filing
WELLS FARGO & COMPANY/MN 4
Accession 0001127602-17-012100
$WFCCIK 0000072971operating
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 12:43 PM ET
Size
22.6 KB
Accession
0001127602-17-012100
Insider Transaction Report
Form 4
CARROLL DAVID M
Senior Exec. Vice President
Transactions
- Tax Payment
Common Stock, $1 2/3 Par Value
2017-03-15$58.71/sh−493.525$28,975→ 54,268 total - Tax Payment
Common Stock, $1 2/3 Par Value
2017-03-15$58.71/sh−44,127.184$2,590,707→ 53,150 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2017-03-15+849.772→ 55,117.772 total - Exercise/Conversion
2014 Performance Shares
2017-03-15−97,277.184→ 0 total→ Common Stock, $1 2/3 Par Value (97,277.184 underlying) - Exercise/Conversion
Restricted Share Right
2017-03-15−1,611.525→ 0 total→ Common Stock, $1 2/3 Par Value (1,611.525 underlying) - Exercise/Conversion
Restricted Share Right
2017-03-15−849.772→ 849.773 total→ Common Stock, $1 2/3 Par Value (849.772 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2017-03-15+97,277.184→ 97,277.184 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2017-03-15+1,611.525→ 54,761.525 total - Tax Payment
Common Stock, $1 2/3 Par Value
2017-03-15$58.71/sh−260.772$15,310→ 54,857 total
Holdings
- 3,173.742(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 310,886(indirect: By Trust)
Common Stock, $1 2/3 Par Value
Footnotes (9)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2017 upon settlement of a Performance Share award granted on February 25, 2014 for the three-year performance period ended December 31, 2016 (as previously disclosed on a Form 4 filed on March 2, 2017).
- [F2]Number of shares represents a Restricted Share Right ("RSR") vesting on 3/15/2017. Original grant date was 2/25/2014. 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 3/15/2017. Original grant date was 2/24/2015. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F4]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2017, as if investable cash equivalents held by Plan were fully invested in Company common stock.
- [F5]Each Performance Share represents 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 final number of 2014 Performance Shares earned for the three-year performance period ended December 31, 2016. The 2014 Performance Shares will be settled in shares of common stock of the Company on March 15, 2017. 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 3/15/2015, 3/15/2016, and 3/15/2017. 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 2013 annual incentive compensation award.
- [F9]These RSRs vest in three installments: one-third on 3/15/2016, 3/15/2017, and 3/15/2018. 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. These RSRs were granted to the reporting person as part of the reporting person's 2014 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 16, 8:00 PM ET
- Accepted
- Mar 17, 12:43 PM ET
- Size
- 22.6 KB