Ather Williams III - Feb 5, 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role
Sr. Executive Vice President
Signature
Ather Williams III, by Meghan Daly, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Feb 5, 2025
Transactions value $
-$1,712,868
Form type
4
Date filed
2/7/2025, 06:08 PM
Previous filing
Jan 30, 2025
Next filing
Feb 26, 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 +13.4K +8.22% $0.00 177K Feb 5, 2025 Direct F1
transaction WFC Common Stock, $1 2/3 Par Value Tax liability -$545K -6.86K -3.87% $79.47 170K Feb 5, 2025 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +17.3K +10.16% $0.00 188K Feb 5, 2025 Direct F2
transaction WFC Common Stock, $1 2/3 Par Value Tax liability -$702K -8.83K -4.71% $79.47 179K Feb 5, 2025 Direct
transaction WFC Common Stock, $1 2/3 Par Value Options Exercise $0 +15.2K +8.5% $0.00 194K Feb 5, 2025 Direct F3
transaction WFC Common Stock, $1 2/3 Par Value Tax liability -$466K -5.86K -3.02% $79.47 188K 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 -13.4K -100% $0.00 0 Feb 5, 2025 Common Stock, $1 2/3 Par Value 13.4K Direct F4, F5
transaction WFC Restricted Share Right Options Exercise $0 -17.3K -50% $0.00 17.3K Feb 5, 2025 Common Stock, $1 2/3 Par Value 17.3K Direct F4, F6
transaction WFC Restricted Share Right Options Exercise $0 -15.2K -33.33% $0.00 30.4K Feb 5, 2025 Common Stock, $1 2/3 Par Value 15.2K Direct F4, F7
* 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 January 25, 2022. This vesting represents one-third 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 January 24, 2023. 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 February 5, 2025. Original grant date was January 23, 2024. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
F4 Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
F5 These RSRs vest in three installments: one-third on 2/5/2023, 2/5/2024, and 2/5/2025. 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.
F6 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.
F7 These RSRs vest in three installments: one-third on 2/5/2025, 2/5/2026, and 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.