SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BAKER JOHN D II

(Last) (First) (Middle)
501 RIVERSIDE AVENUE, SUITE 500

(Street)
JACKSONVILLE FL 32202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & CO/MN [ WFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/12/2011 S (1) 662 D $24.3845 3,439 I By Clb Trust
Common Stock, $1 2/3 Par Value 08/12/2011 S (1) 66 D $24.3845 0 I By Jdb Grat
Common Stock, $1 2/3 Par Value 08/12/2011 S (1) 248 D $24.3845 59 I By Jdb Irr. Trust (2)
Common Stock, $1 2/3 Par Value 08/12/2011 S (1) 248 D $24.3845 59 I By Sab Irr. Trust (2)
Common Stock, $1 2/3 Par Value 12/28/2011 P (1) 662 A $27.2599 4,101 I By Clb Trust
Common Stock, $1 2/3 Par Value 12/28/2011 P (1) 66 A $27.26 66 I By Jdb Grat
Common Stock, $1 2/3 Par Value 12/28/2011 P (1) 248 A $27.2999 307 I By Jdb Irr. Trust (2)
Common Stock, $1 2/3 Par Value 12/28/2011 P (1) 248 A $27.2999 307 I By Sab Irr. Trust (2)
Common Stock, $1 2/3 Par Value 22,953 D
Common Stock, $1 2/3 Par Value 1,175 I By Crusher Run Crut
Common Stock, $1 2/3 Par Value 25 I By Spouse (2)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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
Explanation of Responses:
1. Reflects shares sold on 8/12/2011 in family trusts that are administered by a bank. The shares were erroneously sold without the reporting person's knowledge or consent. Following discovery of the erroneous sales, an equal number of shares were purchased on 12/28/2011 to put the reporting person back in the same position as prior to the August 2011 sales. The reporting person did not have a Section 16 profit in these transactions.
2. Reporting person disclaims beneficial ownership of these shares.
John D. Baker II, by Ross E. Jeffries, as Attorney-in-Fact 12/30/2011
** 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 Number.