X0306 4 2018-08-07 0000072971 WELLS FARGO & COMPANY/MN WFC 0001331834 Modjtabai Avid 420 MONTGOMERY STREET SAN FRANCISCO CA 94104 1 Sr. Executive Vice President Common Stock, $1 2/3 Par Value 2018-08-07 5 G 0 E 5376 0 D 0 D Common Stock, $1 2/3 Par Value 2018-08-07 5 G 0 E 5376 0 A 482465 I Through Trust Common Stock, $1 2/3 Par Value 2018-08-17 4 S 0 100000 58.71 D 382465 I Through Trust Common Stock, $1 2/3 Par Value 11643.79 I Through 401(k) Plan The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.65 to $58.75 inclusive. The reporting person undertakes to provide to Wells Fargo & Company (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of July 31, 2018, as if investable cash equivalents held by Plan were fully invested in Company common stock. Avid Modjtabai, by Anthony R. Augliera, as Attorney-in-Fact 2018-08-17