4//SEC Filing
Galloreese David 4
Accession 0001127602-20-012237
CIK 0000072971other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 4:31 PM ET
Size
9.1 KB
Accession
0001127602-20-012237
Insider Transaction Report
Form 4
Galloreese David
Executive Vice President
Transactions
- Exercise/Conversion
Restricted Share Right
2020-03-29−2,981.669→ 5,963.338 total→ Common Stock, $1 2/3 Par Value (2,981.669 underlying) - Tax Payment
Common Stock, $1 2/3 Par Value
2020-03-29$30.28/sh−1,478.669$44,774→ 16,807 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2020-03-29+2,981.669→ 18,285.669 total
Footnotes (3)
- [F1]Number of shares represents a Restricted Share Right ("RSR") vesting on March 29, 2020. Original grant date was February 26, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F2]Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
- [F3]These RSRs, which were awarded as a portion of long-term incentive compensation for 2019, vest in three installments: one-third on 3/15/2020, 3/15/2021, and 3/15/2022. 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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001757760
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 4:31 PM ET
- Size
- 9.1 KB