4//SEC Filing
SLOAN TIMOTHY J 4
Accession 0001127602-19-012096
CIK 0000072971other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 2:47 PM ET
Size
12.7 KB
Accession
0001127602-19-012096
Insider Transaction Report
Form 4
SLOAN TIMOTHY J
Sr. EVP & Chief Admin. Officer
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2019-03-15+357,603.464→ 1,185,563.676 total - Gift
Common Stock, $1 2/3 Par Value
2019-03-05−7,544→ 827,960.212 total - Exercise/Conversion
2016 Performance Shares
2019-03-15−357,603.464→ 0 total→ Common Stock, $1 2/3 Par Value (357,603.464 underlying) - Tax Payment
Common Stock, $1 2/3 Par Value
2019-03-15$50.66/sh−177,300.464$8,982,041→ 1,008,263.212 total
Holdings
- 92,507(indirect: Through GRAT)
Common Stock, $1 2/3 Par Value
- 19,811.61(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (5)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2019 upon settlement of a Performance Share award granted on February 23, 2016 for the three-year performance period ended December 31, 2018 (as previously disclosed on a Form 4 filed on February 28, 2019).
- [F2]Includes .915 shares acquired on 3/1/2019 through the Company's dividend reinvestment plan.
- [F3]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2019, as if investable cash equivalents held by Plan were fully invested in Company common stock.
- [F4]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.
- [F5]Represents the final number of 2016 Performance Shares earned for the three-year performance period ended December 31, 2018. The 2016 Performance Shares will be settled in shares of common stock of the Company on March 15, 2019. 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 0001502510
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 2:47 PM ET
- Size
- 12.7 KB