X0306 4 2018-03-15 0000072971 WELLS FARGO & COMPANY/MN WFC 0001360758 Loughlin Michael J 420 MONTGOMERY STREET SAN FRANCISCO CA 94104 1 Sr. Executive Vice President Common Stock, $1 2/3 Par Value 2018-03-15 4 M 0 73749.4892 0 A 73757.4892 D Common Stock, $1 2/3 Par Value 2018-03-15 4 F 0 34750.4892 56.83 D 39007 D Common Stock, $1 2/3 Par Value 8758.6627 I Through 401(k) Plan Common Stock, $1 2/3 Par Value 252372.179 I Through Family Trust 2015 Performance Shares 2018-03-15 4 M 0 73749.4892 0 D Common Stock, $1 2/3 Par Value 73749.4892 0 D These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2018 upon settlement of a Performance Share award granted on February 24, 2015 for the three-year performance period ended December 31, 2017 (as previously disclosed on a Form 4 filed on February 28, 2018). Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2018, as if investable cash equivalents held by Plan were fully invested in Company common stock. Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting based on the attainment of pre-established performance goals. Represents the final number of 2015 Performance Shares earned for the three-year performance period ended December 31, 2017. The 2015 Performance Shares will be settled in shares of common stock of the Company on March 15, 2018. As a condition to receiving the award, 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. Michael J. Loughlin, by Anthony R. Augliera, as Attorney-in-Fact 2018-03-16