Bei Ling - Feb 24, 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Signature
Bei Ling, by Ryan T. Tollgaard, as Attorney-in-Fact
Stock symbol
WFC
Transactions as of
Feb 24, 2025
Transactions value $
$0
Form type
4
Date filed
2/26/2025, 05:12 PM
Previous filing
Feb 7, 2025
Next filing
Mar 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFC Common Stock, $1 2/3 Par Value 60.8K Feb 24, 2025 Direct
holding WFC Common Stock, $1 2/3 Par Value 410 Feb 24, 2025 Through 401(k) Plan F1

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 2022 Performance Shares Award $0 +28.2K $0.00 28.2K Feb 24, 2025 Common Stock, $1 2/3 Par Value 28.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 14, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F2 Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
F3 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.