Charles W. Scharf - 24 Jan 2023 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: CEO & President, Director
Signature: Charles W. Scharf, by Janet McGinness, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 24 Jan 2023
Transactions value $: $0
Form type: 4
Filing time: 26 Jan 2023, 17:00:03
Previous filing: 13 Dec 2022
Next filing: 01 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WFC	Common Stock, $1 2/3 Par Value						372K	24 Jan 2023	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						103	24 Jan 2023	Through Trust

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	Award	$0	+131K		$0.00	131K	24 Jan 2023	Common Stock, $1 2/3 Par Value	131K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F2	These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. 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.