4//SEC Filing
Pelos Petros G 4
Accession 0001127602-21-010976
CIK 0000072971other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 1:16 PM ET
Size
21.7 KB
Accession
0001127602-21-010976
Insider Transaction Report
Form 4
Pelos Petros G
Sr. Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2021-03-15+13,541.727→ 106,770.727 total - Tax Payment
Common Stock, $1 2/3 Par Value
2021-03-15$39.70/sh−15,800.228$627,269→ 93,229 total - Tax Payment
Common Stock, $1 2/3 Par Value
2021-03-15$39.70/sh−5,024.727$199,482→ 101,746 total - Tax Payment
Common Stock, $1 2/3 Par Value
2021-03-15$39.70/sh−6,966.623$276,575→ 113,556 total - Exercise/Conversion
Restricted Share Right
2021-03-15−13,541.727→ 13,540.653 total→ Common Stock, $1 2/3 Par Value (13,541.727 underlying) - Exercise/Conversion
Restricted Share Right
2021-03-15−18,776.623→ 37,553.246 total→ Common Stock, $1 2/3 Par Value (18,776.623 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2021-03-15+40,050.228→ 109,029.228 total - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2021-03-15+18,776.623→ 120,522.623 total - Exercise/Conversion
2018 Performance Shares
2021-03-15−40,050.228→ 0 total→ Common Stock, $1 2/3 Par Value (40,050.228 underlying)
Holdings
- 102,925.75(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (9)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2021 upon settlement of a Performance Share award granted on February 26, 2018 for the three-year performance period ended December 31, 2020 (as previously disclosed on a Form 4 filed on February 25, 2021).
- [F2]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).
- [F3]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).
- [F4]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 Company common stock.
- [F5]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F6]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.
- [F7]Each RSR represents a contingent right to receive one share of Company common stock.
- [F8]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.
- [F9]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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001689421
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 1:16 PM ET
- Size
- 21.7 KB