SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Modjtabai Avid

(Last)

(First)

(Middle)

420 MONTGOMERY STREET

(Street)

SAN FRANCISCO

94104

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2009

3. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & CO/MN [ WFC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $1 2/3 par value	33,792⁽¹⁾	I	Through trust
Common Stock, $1 2/3 par value	5,056.4008⁽²⁾	I	Through 401(k) Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Phantom Stock Unit	⁽³⁾	⁽³⁾	Common Stock, $1 2/3 par value	195.4417	⁽⁴⁾	D
Restricted Share Right	07/01/2009	07/01/2009	Common Stock, $1 2/3 par value	2,865	⁽⁴⁾	D
Restricted Share Right	07/01/2010	07/01/2010	Common Stock, $1 2/3 par value	2,865	⁽⁴⁾	D
Restricted Share Right	07/01/2011	07/01/2011	Common Stock, $1 2/3 par value	3,820	⁽⁴⁾	D
Phantom Stock Unit	⁽⁵⁾	⁽⁵⁾	Common Stock, $1 2/3 par value	13,487.1831	⁽⁴⁾	D
Employee Stock Purchase Option	02/24/2004	02/24/2014	Common Stock, $1 2/3 par value	68,780	$28.43	D
Employee Stock Purchase Option	08/18/2004	02/22/2010	Common Stock, $1 2/3 par value	14,030	$28.94	D
Employee Stock Purchase Option	02/22/2005	02/22/2015	Common Stock, $1 2/3 par value	99,520	$29.905	D
Employee Stock Purchase Option	10/13/2005	02/25/2013	Common Stock, $1 2/3 par value	24,778	$28.94	D
Employee Stock Purchase Option	02/28/2007	02/28/2016	Common Stock, $1 2/3 par value	43,014	$32.245	D
Employee Stock Purchase Option	02/28/2008	02/28/2016	Common Stock, $1 2/3 par value	43,014	$32.245	D
Employee Stock Purchase Option	02/28/2009	02/28/2016	Common Stock, $1 2/3 par value	43,012	$32.245	D
Employee Stock Purchase Option	04/27/2006	02/25/2013	Common Stock, $1 2/3 par value	27,220	$32.8	D
Employee Stock Purchase Option	11/06/2006	02/26/2012	Common Stock, $1 2/3 par value	32,137	$36	D
Employee Stock Purchase Option	02/27/2008	02/27/2017	Common Stock, $1 2/3 par value	56,057	$34.39	D
Employee Stock Purchase Option	02/27/2009	02/27/2017	Common Stock, $1 2/3 par value	56,057	$34.39	D
Employee Stock Purchase Option	02/27/2010	02/27/2017	Common Stock, $1 2/3 par value	56,056	$34.39	D
Employee Stock Purchase Option	05/23/2007	02/27/2011	Common Stock, $1 2/3 par value	26,761	$36.09	D
Employee Stock Purchase Option	02/26/2009	02/26/2018	Common Stock, $1 2/3 par value	70,270	$31.4	D
Employee Stock Purchase Option	02/26/2010	02/26/2018	Common Stock, $1 2/3 par value	70,270	$31.4	D
Employee Stock Purchase Option	02/26/2011	02/26/2018	Common Stock, $1 2/3 par value	70,270	$31.4	D
Employee Stock Purchase Option	02/24/2010	02/24/2019	Common Stock, $1 2/3 par value	106,667	$13.05	D
Employee Stock Purchase Option	02/24/2011	02/24/2019	Common Stock, $1 2/3 par value	106,667	$13.05	D
Employee Stock Purchase Option	02/24/2012	02/24/2019	Common Stock, $1 2/3 par value	106,666	$13.05	D

Explanation of Responses:

1. Includes 6,226 shares resulting from vesting of two grants of restricted share rights but whose delivery has been deferred to July 1, 2009 and 2010, respectively. These shares will be subject to withholding for income taxes on those dates.

2. Reflects share equivalents of units held in Wells Fargo Stock Fund and ESOP Fund of 401(k) Plan as of April 30, 2009, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company Common Stock.

3. Payable in a lump sum in 2025.

4. Conversion price is 1-for-1.

5. Payable in a lump sum upon retirement.

Remarks:

	Avid Modjtabai, by Robert S. Singley, as Attorney-in-Fact	05/04/2009
	** 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 5 (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.
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