X0306 4 2019-03-14 0000072971 WELLS FARGO & COMPANY/MN WFC 0001608198 Shrewsberry John R. 420 MONTGOMERY STREET SAN FRANCISCO CA 94104 1 Senior Executive VP & CFO Common Stock, $1 2/3 Par Value 2019-03-14 5 G 0 E 704 0 D 350901 I Through Family Trust Common Stock, $1 2/3 Par Value 2019-03-15 4 M 0 255431.5136 0 A 255431.5136 D Common Stock, $1 2/3 Par Value 2019-03-15 4 F 0 126643.5136 50.66 D 128788 D Common Stock, $1 2/3 Par Value 2019-03-15 5 G 0 E 503 0 D 350398 I Through Family Trust Common Stock, $1 2/3 Par Value 7800.33 I Through 401(k) Plan 2016 Performance Shares 2019-03-15 4 M 0 255431.5136 0 D Common Stock, $1 2/3 Par Value 255431.5136 0 D These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2019 upon settlement of a Performance Share award granted on February 23, 2016 for the three-year performance period ended December 31, 2018 (as previously disclosed on a Form 4 filed on February 28, 2019). Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2019, 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 2016 Performance Shares earned for the three-year performance period ended December 31, 2018. The 2016 Performance Shares will be settled in shares of common stock of the Company on March 15, 2019. 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. John R. Shrewsberry, by Anthony R. Augliera, as Attorney-in-Fact 2019-03-19