Norton Amanda G 4
4 · WELLS FARGO & COMPANY/MN · Filed Mar 5, 2020
Insider Transaction Report
Form 4
Norton Amanda G
Sr. EVP and Chief Risk Officer
Transactions
- Award
Restricted Share Right
2020-03-03+32,335→ 32,335 total→ Common Stock, $1 2/3 Par Value (32,335 underlying)
Holdings
- 14,773
Common Stock, $1 2/3 Par Value
- 80.1(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 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.