0001127602-20-012245.txt : 20200331
0001127602-20-012245.hdr.sgml : 20200331
20200331163626
ACCESSION NUMBER: 0001127602-20-012245
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200329
FILED AS OF DATE: 20200331
DATE AS OF CHANGE: 20200331
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEVY RICHARD
CENTRAL INDEX KEY: 0001201666
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-02979
FILM NUMBER: 20762223
MAIL ADDRESS:
STREET 1: 343 SANSOME STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WELLS FARGO & COMPANY/MN
CENTRAL INDEX KEY: 0000072971
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 410449260
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 420 MONTGOMERY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94163
BUSINESS PHONE: 6126671234
MAIL ADDRESS:
STREET 1: 420 MONTGOMERY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94163
FORMER COMPANY:
FORMER CONFORMED NAME: WELLS FARGO & CO/MN
DATE OF NAME CHANGE: 19981103
FORMER COMPANY:
FORMER CONFORMED NAME: NORWEST CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: NORTHWEST BANCORPORATION
DATE OF NAME CHANGE: 19830516
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-03-29
0000072971
WELLS FARGO & COMPANY/MN
WFC
0001201666
LEVY RICHARD
301 SOUTH COLLEGE STREET
CHARLOTTE
NC
28202
1
EVP & Chief Accounting Officer
Common Stock, $1 2/3 Par Value
2020-03-29
4
M
0
45485.4831
0
A
82264.4831
D
Common Stock, $1 2/3 Par Value
2020-03-29
4
F
0
18351.4831
30.28
D
63913
D
Common Stock, $1 2/3 Par Value
2020-03-29
4
M
0
3858.3236
0
A
67771.3236
D
Common Stock, $1 2/3 Par Value
2020-03-29
4
F
0
1634.3236
30.28
D
66137
D
Common Stock, $1 2/3 Par Value
99
I
Ira
Common Stock, $1 2/3 Par Value
2507.31
I
Through 401(k) Plan
Common Stock, $1 2/3 Par Value
95222
I
Through RL & DL Trust
2017 Performance Shares
2020-03-29
4
M
0
45485.4831
0
D
Common Stock, $1 2/3 Par Value
45485.4831
0
D
Restricted Share Right
2020-03-29
4
M
0
3858.3236
0
D
Common Stock, $1 2/3 Par Value
3858.3236
7716.6474
D
These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 29, 2020 upon settlement of a Performance Share award granted on February 28, 2017 for the three-year performance period ended December 31, 2019 (as previously disclosed on a Form 4 filed on March 5, 2020).
Number of shares represents a Restricted Share Right ("RSR") vesting on March 29, 2020. Original grant date was February 26, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2020, as if investable cash equivalents held by the 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.
Represents the number of 2017 Performance Shares determined based on the Company's attainment of pre-established financial performance goals for the three-year performance period ended December 31, 2019, subject to the terms and conditions of a Performance Share award granted on February 28, 2017, which is exempt under Rule 16b-3(d). 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.
Each RSR represents a contingent right to receive one share of Company common stock.
These RSRs, which were awarded as a portion of long-term incentive compensation for 2019, vest in three installments: one-third on 3/15/2020, 3/15/2021, and 3/15/2022. As a condition to receiving the grant, 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.
Richard Levy, by Anthony R. Augliera, as Attorney-in-Fact
2020-03-31