4//SEC Filing
Flowers Derek A. 4
Accession 0001127602-25-008784
CIK 0000072971other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:01 PM ET
Size
12.7 KB
Accession
0001127602-25-008784
Insider Transaction Report
Form 4
Flowers Derek A.
Sr. EVP and Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock, $1 2/3 Par Value
2025-03-05+37,255.89→ 37,255.983 total - Tax Payment
Common Stock, $1 2/3 Par Value
2025-03-05$73.30/sh−16,424.451$1,203,912→ 20,831.532 total - Exercise/Conversion
2022 Performance Shares
2025-03-05−37,255.89→ 0 total→ Common Stock, $1 2/3 Par Value (37,255.89 underlying)
Holdings
- 356.118(indirect: By Spouse)
Common Stock, $1 2/3 Par Value
- 14,494.49(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
- 25(indirect: By Trust)
Preferred Shares, Series L
- 252,942.566(indirect: By Trust)
Common Stock, $1 2/3 Par Value
Footnotes (5)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2025 upon settlement of a Performance Share award granted on January 25, 2022 for the three-year performance period ended December 31, 2024, as previously disclosed on a Form 4 filed on February 26, 2025 (including reinvested dividend equivalents).
- [F2]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2025, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
- [F3]Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
- [F4]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F5]Represents the number of 2022 Performance Shares (including reinvested dividend equivalents) determined based on financial performance for the three-year performance period ended December 31, 2024 pursuant to the terms and conditions of a Performance Share award granted on January 25, 2022, 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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001779515
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 6:01 PM ET
- Size
- 12.7 KB