Accession Number: | 0001127602-20-013522 |
Date: | 2020-04-08 |
Issuer: | WELLS FARGO & COMPANY/MN (WFC) |
Original Submission Date: |
VAN BEURDEN SAUL
150 EAST 42ND STREET
NEW YORK, NY 10017
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK, $1 2/3 PAR VALUE | 2020-04-08 | M | 3,559 | a | $0.00 | 3,559 | direct | ||
COMMON STOCK, $1 2/3 PAR VALUE | 2020-04-08 | F | 1,743 | d | $30.28 | 1,816 | direct | ||
COMMON STOCK, $1 2/3 PAR VALUE | 2020-04-08 | M | 29,892 | a | $0.00 | 31,708 | direct | ||
COMMON STOCK, $1 2/3 PAR VALUE | 2020-04-08 | F | 14,639 | d | $30.28 | 17,069 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED SHARE RIGHT | 0.0 | 2020-04-08 | deemed execution date | M | 3,559 (d) | common stock, $1 2/3 par value 3,559 | $0.00 | 7,118 | direct | |||
RESTRICTED SHARE RIGHT | 0.0 | 2020-04-08 | deemed execution date | M | 29,892 (d) | common stock, $1 2/3 par value 29,892 | $0.00 | 59,783 | direct |
ID | footnote |
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f1 | number of shares represents a restricted share right ("rsr") vesting on april 8, 2020. original grant date was april 8, 2019. this vesting represents one-third of the original amount of rsrs granted (plus dividend equivalents reinvested in additional rsrs). |
f2 | each rsr represents a contingent right to receive one share of wells fargo & company (the "company") common stock. |
f3 | these rsrs vest in three installments: one-third on 4/8/2020, 4/8/2021, and 4/8/2022. as a condition to receiving the grant, the reporting person agreed to hold, while employed by the company and for at least one year after retirement, shares of company common stock equal to at least 50% of the after-tax shares (assuming a 50% tax rate) acquired upon vesting. |