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