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
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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*
STUMPF JOHN G

(Last) (First) (Middle)
420 MONTGOMERY STREET

(Street)
SAN FRANCISCO CA 94104

(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
X Officer (give title below) Other (specify below)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2007
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 04/25/2007 M 232,222 A $24.79 722,282 I Through family trust
Common Stock, $1 2/3 par value 04/25/2007 M 266,859 A $23.3 989,141 I Through family trust
Common Stock, $1 2/3 par value 04/25/2007 F 407,386 D $36.28 581,755 I Through family trust
Common Stock, $1 2/3 par value 6,055.028 I Through IRA
Common Stock, $1 2/3 par value 4,216.532 I Through spouse's IRA
Common Stock, $1 2/3 par value 1,346.034 I Through self-employed pension plan
Common Stock, $1 2/3 par value 80,570.0903(1) 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 (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
Employee Stock Purchase Option $24.79 04/25/2007 M 89,560 02/27/2002 02/27/2011 Common Stock, $1 2/3 par value 89,560 $0 0 D
Employee Stock Purchase Option $24.79 04/25/2007 M 89,560 02/27/2003 02/27/2011 Common Stock, $1 2/3 par value 89,560 $0 0 D
Employee Stock Purchase Option $24.79 04/25/2007 M 53,102 02/27/2004 02/27/2011 Common Stock, $1 2/3 par value 53,102 $0 36,458 D
Employee Stock Purchase Option $23.3 04/25/2007 M 4,633 02/26/2003 02/26/2012 Common Stock, $1 2/3 par value 4,633 $0 0 D
Employee Stock Purchase Option $23.3 04/25/2007 M 131,114 02/26/2004 02/26/2012 Common Stock, $1 2/3 par value 131,114 $0 0 D
Employee Stock Purchase Option $23.3 04/25/2007 M 131,112 02/26/2005 02/26/2012 Common Stock, $1 2/3 par value 131,112 $0 0 D
Employee Stock Purchase Option $36.28 04/25/2007 A 204,800 04/25/2007 02/26/2012 Common Stock, $1 2/3 par value 204,800 $0 204,800 D
Employee Stock Purchase Option $36.28 04/25/2007 A 184,416 04/25/2007 02/27/2011 Common Stock, $1 2/3 par value 184,416 $0 184,416 D
Explanation of Responses:
1. Reflects share equivalent of units in Wells Fargo Stock Fund and ESOP Fund of 401(k) Plan as of March 31, 2007, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company Common Stock.
Remarks:
John G. Stumpf, by Robert S. Singley, Attorney-in-Fact 04/26/2007
** 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.