Sec Form 4 Filing - Weiss Jonathan G. @ WELLS FARGO & COMPANY/MN - 2021-03-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Weiss Jonathan G.
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. Executive Vice President
(Last) (First) (Middle)
150 EAST 42ND STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/15/2021
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 03/15/2021 M 24,647.147 ( 1 ) A $ 0 182,427.147 D
Common Stock, $1 2/3 Par Value 03/15/2021 F 13,184.147 D $ 39.7 169,243 D
Common Stock, $1 2/3 Par Value 03/15/2021 M 2,156.0987 ( 2 ) A $ 0 171,399.0987 D
Common Stock, $1 2/3 Par Value 03/15/2021 F 1,097.0987 D $ 39.7 170,302 D
Common Stock, $1 2/3 Par Value 03/15/2021 M 9,027.1017 ( 3 ) A $ 0 179,329.1017 D
Common Stock, $1 2/3 Par Value 03/15/2021 F 4,592.1017 D $ 39.7 174,737 D
Common Stock, $1 2/3 Par Value 03/15/2021 M 14,564.0048 ( 4 ) A $ 0 189,301.0048 D
Common Stock, $1 2/3 Par Value 03/15/2021 F 7,409.0048 D $ 39.7 181,892 D
Common Stock, $1 2/3 Par Value 6,530.98 ( 5 ) I Through 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
2018 Performance Shares ( 6 ) 03/15/2021 M 24,647.147 ( 7 ) ( 7 ) Common Stock, $1 2/3 Par Value 24,647.147 $ 0 0 D
Restricted Share Right ( 8 ) 03/15/2021 M 2,156.0987 ( 9 ) ( 9 ) Common Stock, $1 2/3 Par Value 2,156.0987 $ 0 0 D
Restricted Share Right ( 8 ) 03/15/2021 M 9,027.1017 ( 10 ) ( 10 ) Common Stock, $1 2/3 Par Value 9,027.1017 $ 0 9,027.1022 D
Restricted Share Right ( 8 ) 03/15/2021 M 14,564.0048 ( 11 ) ( 11 ) Common Stock, $1 2/3 Par Value 14,564.0048 $ 0 29,126.9803 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Weiss Jonathan G.
150 EAST 42ND STREET
NEW YORK, NY10017
Sr. Executive Vice President
Signatures
Jonathan G. Weiss, by Anthony R. Augliera, as Attorney-in-Fact 03/17/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2021 upon settlement of a Performance Share award granted on February 26, 2018 for the three-year performance period ended December 31, 2020 (as previously disclosed on a Form 4 filed on February 25, 2021).
( 2 )Number of shares represents a Restricted Share Right ("RSR") vesting on March 15, 2021. Original grant date was February 26, 2018. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
( 3 )Number of shares represents a RSR vesting on March 15, 2021. Original grant date was February 26, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
( 4 )Number of shares represents a RSR vesting on March 15, 2021. Original grant date was March 3, 2020. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
( 5 )Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 26, 2021, as if investable cash equivalents held by Plan were fully invested in Company common stock.
( 6 )Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
( 7 )Represents the number of 2018 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2020 pursuant to the terms and conditions of a Performance Share award granted on February 26, 2018, 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 o f Company common stock as required under the Company's Stock Ownership Policy.
( 8 )Each RSR represents a contingent right to receive one share of Company common stock.
( 9 )These RSRs vest in three installments: one-third on 3/15/2019, 3/15/2020, and 3/15/2021. 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. These RSRs were granted to the reporting person as part of the reporting person's 2017 annual incentive compensation award.
( 10 )These RSRs, which were awarded as a portion of long-term incentive compensation for 2019, vest in three installments: one-third on 3/15/2020, 3/15/2021, and 3/15/2022. 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.
( 11 )These RSRs vest in three installments: one-third on 3/15/2021, 3/15/2022, and 3/15/2023. 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.

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