White Julie M 4
4 · WELLS FARGO & CO/MN · Filed Feb 26, 2009
Insider Transaction Report
Form 4
White Julie M
Executive Vice President
Transactions
- Award
Employee Stock Purchase Option
2009-02-24+160,000→ 160,000 totalExercise: $13.05→ Common Stock, $1 2/3 par value (160,000 underlying)
Footnotes (1)
- [F1]The employee stock options granted will become exercisable in three equal annual installments beginning on February 24, 2010, 2011 and 2012. 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 exercise of these options.