4//SEC Filing
LEVY RICHARD 4
Accession 0001127602-20-009627
CIK 0000072971other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:30 PM ET
Size
11.7 KB
Accession
0001127602-20-009627
Insider Transaction Report
Form 4
LEVY RICHARD
Executive VP & Controller
Transactions
- Award
Restricted Share Right
2020-03-03+15,413→ 15,413 total→ Common Stock, $1 2/3 Par Value (15,413 underlying) - Award
2017 Performance Shares
2020-03-03+45,485.483→ 45,485.483 total→ Common Stock, $1 2/3 Par Value (45,485.483 underlying)
Holdings
- 2,507.31(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 36,779
Common Stock, $1 2/3 Par Value
- 99(indirect: By IRA)
Common Stock, $1 2/3 Par Value
- 95,222(indirect: By Trust)
Common Stock, $1 2/3 Par Value
Footnotes (5)
- [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 the 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 3/15/2021, 3/15/2022, and 3/15/2023. 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.
- [F4]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F5]Represents the number of 2017 Performance Shares determined based on the Company's attainment of pre-established financial performance goals for the three-year performance period ended December 31, 2019, subject to the terms and conditions of a Performance Share award granted on February 28, 2017, which is exempt under Rule 16b-3(d). 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 0001201666
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:30 PM ET
- Size
- 11.7 KB