4//SEC Filing
Loughlin Michael J 4
Accession 0001127602-18-011903
CIK 0000072971other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:03 PM ET
Size
11.0 KB
Accession
0001127602-18-011903
Insider Transaction Report
Form 4
Loughlin Michael J
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2018-03-15+73,749.489→ 73,757.489 total - Tax Payment
Common Stock, $1 2/3 Par Value
2018-03-15$56.83/sh−34,750.489$1,974,870→ 39,007 total - Exercise/Conversion
2015 Performance Shares
2018-03-15−73,749.489→ 0 total→ Common Stock, $1 2/3 Par Value (73,749.489 underlying)
Holdings
- 8,758.663(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 252,372.179(indirect: By Trust)
Common Stock, $1 2/3 Par Value
Footnotes (4)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2018 upon settlement of a Performance Share award granted on February 24, 2015 for the three-year performance period ended December 31, 2017 (as previously disclosed on a Form 4 filed on February 28, 2018).
- [F2]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2018, as if investable cash equivalents held by Plan were fully invested in Company common stock.
- [F3]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.
- [F4]Represents the final number of 2015 Performance Shares earned for the three-year performance period ended December 31, 2017. The 2015 Performance Shares will be settled in shares of common stock of the Company on March 15, 2018. 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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001360758
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 7:03 PM ET
- Size
- 11.0 KB