Edwards Douglas R 4
4 · WELLS FARGO & COMPANY/MN · Filed Mar 5, 2020
Insider Transaction Report
Form 4
Edwards Douglas R
Executive Vice President
Transactions
- Award
Restricted Share Right
2020-03-03+20,210→ 20,210 total→ Common Stock, $1 2/3 Par Value (20,210 underlying) - Award
Restricted Share Right
2020-03-03+8,084→ 8,084 total→ Common Stock, $1 2/3 Par Value (8,084 underlying)
Holdings
- 22,628.179
Common Stock, $1 2/3 Par Value
- 417.91(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 February 28, 2020, 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 3/15/2021, 3/15/2022, 3/15/2023, and 3/15/2024. 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.