Edwards Douglas R 4
4 · WELLS FARGO & COMPANY/MN · Filed May 30, 2019
Insider Transaction Report
Form 4
Edwards Douglas R
Executive Vice President
Transactions
- Award
Restricted Share Right
2019-05-28+10,968→ 10,968 total→ Common Stock, $1 2/3 Par Value (10,968 underlying)
Holdings
- 22,628.179
Common Stock, $1 2/3 Par Value
- 404.71(indirect: By 401(k))
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 4/30/2019, 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 three installments: one-third on 6/15/2020, 6/15/2021, and 6/15/2022. 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.