Statement of Changes in Beneficial Ownership (4)
14 Juni 2022 - 05:55PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Flowers Derek A. |
2. Issuer Name and Ticker or Trading
Symbol WELLS FARGO & COMPANY/MN [ WFC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Sr. EVP and Chief Risk Officer |
(Last)
(First)
(Middle)
401 SOUTH TRYON STREET |
3. Date of Earliest Transaction (MM/DD/YYYY)
6/12/2022
|
(Street)
CHARLOTTE, NC 28202
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock, $1 2/3 Par
Value |
6/12/2022 |
|
M |
|
4032.4944 (1) |
A |
$0 |
26314.4944 |
D |
|
Common Stock, $1 2/3 Par
Value |
6/12/2022 |
|
F |
|
1792.4944 |
D |
$40.08 |
24522 |
D |
|
Common Stock, $1 2/3 Par
Value |
|
|
|
|
|
|
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11956.58 (2) |
I |
Through 401(k) Plan |
Common Stock, $1 2/3 Par
Value |
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|
|
|
|
|
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339.441 (3) |
I |
Through Spouse's IRA |
Common Stock, $1 2/3 Par
Value |
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|
|
|
|
|
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116464.758 (4) |
I |
Through Trust |
Preferred Shares, Series L |
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|
|
|
|
|
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25 |
I |
Through Trust |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Share Right |
(5) |
6/12/2022 |
|
M |
|
|
4032.4944 |
(6) |
(6) |
Common Stock, $1 2/3 Par
Value |
4032.4944 |
$0 |
0 |
D |
|
Explanation of
Responses: |
(1) |
Number of shares represents
a Restricted Share Right ("RSR") vesting on June 12, 2022. Original
grant date was June 12, 2019. This vesting represents one-third of
the original amount of RSRs granted (plus dividend equivalents
reinvested in additional RSRs). |
(2) |
Reflects share equivalent of
units in the Wells Fargo ESOP Fund under the 401(k) Plan (the
"Plan") as of May 31, 2022, as if investable cash equivalents held
by the Plan were fully invested in Wells Fargo & Company (the
"Company") common stock. |
(3) |
Includes 1.224 shares
acquired through the Company's dividend reinvestment plan on
6/1/2022. |
(4) |
Includes 643.644 shares
acquired through the Company's dividend reinvestment plan on
6/1/2022. |
(5) |
Each RSR represents a
contingent right to receive one share of Company common
stock. |
(6) |
These RSRs vest in three
installments: one-third on 6/12/2020, 6/12/2021, and 6/12/2022. 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Flowers Derek A.
401 SOUTH TRYON STREET
CHARLOTTE, NC 28202 |
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|
Sr. EVP and Chief Risk Officer |
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Signatures
|
Derek A. Flowers, by Robert J. Kaukol, as
Attorney-in-Fact |
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6/14/2022 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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