SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TOLSTEDT CARRIE L

(Last)

(First)

(Middle)

420 MONTGOMERY STREET

(Street)

SAN FRANCISCO

94104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & CO/MN [ WFC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Group Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $1 2/3 par value	08/10/2005		M		22,000	A	$36.7813	22,000	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		720	A	$37.5625	22,720	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		3,640	A	$33.5	26,360	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		3,030	A	$49.58	29,390	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		3,390	A	$46.6	32,780	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		2,367	A	$45.24	35,147	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		3,100	A	$56.86	38,247	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		M		3,320	A	$59.81	41,567	I	By spouse
Common Stock, $1 2/3 par value	08/10/2005		S		33,458	D	$60.4805	8,109	I	By spouse
Common Stock, $1 2/3 par value								32,168.376	I	Through family trust
Common Stock, $1 2/3 par value								5,471.569⁽¹⁾	I	Through 401(k) Plan
Common Stock, $1 2/3 par value								9,185.528⁽¹⁾	I	Through spouse's account under 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Purchase Option	$36.7813	08/10/2005		M			11,000	07/29/1999	07/28/2008	Common Stock, $1 2/3 par value	11,000	$0	0	I	By spouse
Employee Stock Purchase Option	$36.7813	08/10/2005		M			11,000	07/29/2000	07/28/2008	Common Stock, $1 2/3 par value	11,000	$0	0	I	By spouse
Employee Stock Purchase Option	$37.5625	08/10/2005		M			240	02/23/2000	02/23/2009	Common Stock, $1 2/3 par value	240	$0	0	I	By spouse
Employee Stock Purchase Option	$37.5625	08/10/2005		M			240	02/23/2001	02/23/2009	Common Stock, $1 2/3 par value	240	$0	0	I	By spouse
Employee Stock Purchase Option	$37.5625	08/10/2005		M			240	02/23/2002	02/23/2009	Common Stock, $1 2/3 par value	240	$0	0	I	By spouse
Employee Stock Purchase Option	$33.5	08/10/2005		M			1,214	02/22/2001	02/22/2010	Common Stock, $1 2/3 par value	1,214	$0	0	I	By spouse
Employee Stock Purchase Option	$33.5	08/10/2005		M			1,213	02/22/2002	02/22/2010	Common Stock, $1 2/3 par value	1,213	$0	0	I	By spouse
Employee Stock Purchase Option	$33.5	08/10/2005		M			1,213	02/22/2003	02/22/2010	Common Stock, $1 2/3 par value	1,213	$0	0	I	By spouse
Employee Stock Purchase Option	$49.58	08/10/2005		M			1,010	02/27/2002	02/27/2011	Common Stock, $1 2/3 par value	1,010	$0	0	I	By spouse
Employee Stock Purchase Option	$49.58	08/10/2005		M			1,010	02/27/2003	02/27/2011	Common Stock, $1 2/3 par value	1,010	$0	0	I	By spouse
Employee Stock Purchase Option	$49.58	08/10/2005		M			1,010	02/27/2004	02/27/2011	Common Stock, $1 2/3 par value	1,010	$0	0	I	By spouse
Employee Stock Purchase Option	$46.6	08/10/2005		M			1,130	02/26/2003	02/26/2012	Common Stock, $1 2/3 par value	1,130	$0	0	I	By spouse
Employee Stock Purchase Option	$46.6	08/10/2005		M			1,130	02/26/2004	02/26/2012	Common Stock, $1 2/3 par value	1,130	$0	0	I	By spouse
Employee Stock Purchase Option	$46.6	08/10/2005		M			1,130	02/26/2005	02/26/2012	Common Stock, $1 2/3 par value	1,130	$0	0	I	By spouse
Employee Stock Purchase Option	$45.24	08/10/2005		M			1,184	02/25/2004	02/25/2013	Common Stock, $1 2/3 par value	1,184	$0	0	I	By spouse
Employee Stock Purchase Option	$45.24	08/10/2005		M			1,183	02/25/2005	02/25/2013	Common Stock, $1 2/3 par value	1,183	$0	0	I	By spouse
Employee Stock Purchase Option	$56.86	08/10/2005		M			3,100	02/24/2004	02/24/2014	Common Stock, $1 2/3 par value	3,100	$0	0	I	By spouse
Employee Stock Purchase Option	$59.81	08/10/2005		M			3,320	02/22/2005	02/22/2015	Common Stock, $1 2/3 par value	3,320	$0	0	I	By spouse

Explanation of Responses:

1. Reflects share equivalent of units in the Wells Fargo Stock Fund and ESOP Fund of 401(k) Plan as of July 31, 2005, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company Common Stock.

Remarks:

	Carrie L. Tolstedt, by Robert S. Singley, Attorney-in-Fact	08/12/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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