Kyle G. Hranicky - 05 Feb 2022 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Kyle G. Hranicky, by Robert J. Kaukol, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
05 Feb 2022
Net transactions value
-$434,487
Form type
4
Filing time
08 Feb 2022, 11:50:36 UTC
Previous filing
27 Jan 2022
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +5,385 +6.8% $0.000000 84,879 05 Feb 2022 Direct F1
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $119,413 -2,120 -2.5% $56.33 82,759 05 Feb 2022 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +14,214 +17% $0.000000 96,973 05 Feb 2022 Direct F1
transaction WFC Common Stock, $1 2/3 Par Value Tax liability $315,075 -5,593 -5.8% $56.33 91,380 05 Feb 2022 Direct
holding WFC Common Stock, $1 2/3 Par Value 30,194 05 Feb 2022 Through 401(k) Plan F2
holding WFC Common Stock, $1 2/3 Par Value 3,000 05 Feb 2022 Through COH Trust F3
holding WFC Common Stock, $1 2/3 Par Value 3,000 05 Feb 2022 Through KGH Trust F3
holding WFC Common Stock, $1 2/3 Par Value 3,000 05 Feb 2022 Through PAH Trust F3
holding WFC Common Stock, $1 2/3 Par Value 2,225 05 Feb 2022 Through Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WFC Restricted Share Right Options Exercise $0 -5,385 -33% $0.000000 10,768 05 Feb 2022 Common Stock, $1 2/3 Par Value 5,385 Direct F5, F6
transaction WFC Restricted Share Right Options Exercise $0 -14,214 -33% $0.000000 28,429 05 Feb 2022 Common Stock, $1 2/3 Par Value 14,214 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2022. Original grant date was January 26, 2021. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F2 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 31, 2022, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F3 The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F4 Held in trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F5 Each RSR represents a contingent right to receive one share of Company common stock.
F6 These RSRs vest in three installments: one-third on 2/5/2022, 2/5/2023, and 2/5/2024.