Pelos Petros G 4
4 · WELLS FARGO & COMPANY/MN · Filed Feb 25, 2021
Insider Transaction Report
Form 4
Pelos Petros G
Sr. Executive Vice President
Transactions
- Award
2018 Performance Shares
2021-02-23+39,942.537→ 39,942.537 total→ Common Stock, $1 2/3 Par Value (39,942.537 underlying)
Holdings
- 68,032
Common Stock, $1 2/3 Par Value
- 102,390.3(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 January 29, 2021, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- [F2]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F3]Represents the number of 2018 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2020 pursuant to the terms and conditions of a Performance Share award granted on February 26, 2018, which is exempt under Rule 16b-3(d). As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.