Galloreese David 4
4 · WELLS FARGO & COMPANY/MN · Filed Jan 28, 2021
Insider Transaction Report
Form 4
Galloreese David
Executive Vice President
Transactions
- Award
Restricted Share Right
2021-01-26+21,737→ 21,737 total→ Common Stock, $1 2/3 Par Value (21,737 underlying)
Holdings
- 602.45(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 32,000
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 December 31, 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 three installments: one-third on 2/5/2022, 2/5/2023 and 2/5/2024. 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 as required under the Company's Stock Ownership Policy.