Galloreese David 4
4 · WELLS FARGO & COMPANY/MN · Filed Mar 17, 2021
Insider Transaction Report
Form 4
Galloreese David
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2021-03-15+3,069.559→ 35,069.559 total - Exercise/Conversion
Restricted Share Right
2021-03-15−6,288.043→ 12,575.056 total→ Common Stock, $1 2/3 Par Value (6,288.043 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2021-03-15+6,288.043→ 39,841.043 total - Tax Payment
Common Stock, $1 2/3 Par Value
2021-03-15$39.70/sh−1,516.559$60,207→ 33,553 total - Tax Payment
Common Stock, $1 2/3 Par Value
2021-03-15$39.70/sh−3,095.043$122,873→ 36,746 total - Exercise/Conversion
Restricted Share Right
2021-03-15−3,069.559→ 3,069.558 total→ Common Stock, $1 2/3 Par Value (3,069.559 underlying)
Holdings
- 602.42(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (6)
- [F1]Number of shares represents a Restricted Share Right ("RSR") vesting on March 15, 2021. 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]Number of shares represents a RSR vesting on March 15, 2021. Original grant date was March 3, 2020. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- [F3]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 26, 2021, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- [F4]Each RSR represents a contingent right to receive one share of Company common stock.
- [F5]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 one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
- [F6]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 one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.