0000950170-24-028287.txt : 20240307
0000950170-24-028287.hdr.sgml : 20240307
20240307201359
ACCESSION NUMBER: 0000950170-24-028287
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240305
FILED AS OF DATE: 20240307
DATE AS OF CHANGE: 20240307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Powell Scott
CENTRAL INDEX KEY: 0001635930
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-02979
FILM NUMBER: 24732031
MAIL ADDRESS:
STREET 1: 75 STATE ST
CITY: BOSTON
STATE: MA
ZIP: 02109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WELLS FARGO & COMPANY/MN
CENTRAL INDEX KEY: 0000072971
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 410449260
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 420 MONTGOMERY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 4156724450
MAIL ADDRESS:
STREET 1: 420 MONTGOMERY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
FORMER COMPANY:
FORMER CONFORMED NAME: WELLS FARGO & CO/MN
DATE OF NAME CHANGE: 19981103
FORMER COMPANY:
FORMER CONFORMED NAME: NORWEST CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: NORTHWEST BANCORPORATION
DATE OF NAME CHANGE: 19830516
4
1
ownership.xml
4
X0508
4
2024-03-05
0000072971
WELLS FARGO & COMPANY/MN
WFC
0001635930
Powell Scott
30 HUDSON YARDS
NEW YORK
NY
10001
false
true
false
false
SEVP & Chief Operating Officer
false
Common Stock, $1 2/3 Par Value
2024-03-05
4
M
false
130851.5627
0
A
308610.294
D
Common Stock, $1 2/3 Par Value
2024-03-05
4
F
false
66799.7308
56.60
D
241810.5632
D
Common Stock, $1 2/3 Par Value
3914.16
I
Through 401(k) Plan
2021 Performance Shares
2024-03-05
4
M
false
130851.5627
0
D
Common Stock, $1 2/3 Par Value
130851.5627
0
D
These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2024 upon settlement of a Performance Share award granted on January 26, 2021 for the three-year performance period ended December 31, 2023 (as previously disclosed on a Form 4 filed on February 29, 2024), plus dividend equivalents invested in additional Performance Shares.
Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 29, 2024, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
Represents the number of 2021 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2023 pursuant to the terms and conditions of a Performance Share award granted on January 26, 2021, plus dividend equivalents invested in additional Performance Shares, 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.
Scott E. Powell, by Meghan Daly, as Attorney-In-Fact
2024-03-07