Bridget E. Engle - Feb 5, 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Bridget E. Engle, by Meghan Daly, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Feb 5, 2025
Transactions value $
-$4,285,014
Form type
4
Date filed
2/7/2025, 05:53 PM
Previous filing
Jan 30, 2025
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 +105K $0.00 105K Feb 5, 2025 Direct F1
transaction WFC Common Stock, $1 2/3 Par Value Tax liability -$4.1M -51.6K -49.33% $79.47 53K Feb 5, 2025 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +4.6K +8.68% $0.00 57.6K Feb 5, 2025 Direct F2
transaction WFC Common Stock, $1 2/3 Par Value Tax liability -$187K -2.35K -4.08% $79.47 55.2K Feb 5, 2025 Direct

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 -105K -36% $0.00 186K Feb 5, 2025 Common Stock, $1 2/3 Par Value 105K Direct F3, F4
transaction WFC Restricted Share Right Options Exercise $0 -4.6K -59% $0.00 3.2K Feb 5, 2025 Common Stock, $1 2/3 Par Value 4.6K Direct F3, F5
* 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, 2025. Original grant date was October 22, 2024. This vesting represents 36% of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F2 Number of shares represents a RSR vesting on February 5, 2025. Original grant date was December 10, 2024. This vesting represents 59% of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F3 Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F4 These RSRs vest in three installments: 36% on 2/5/2025, 34% on 2/5/2026, and 30% on 2/5/2027. 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.
F5 These RSRs vest in three installments: 59% on 2/5/2025, 35% on 2/5/2026, and 6% on 2/5/2027. 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.