EX-FILING FEES 12 ex107.htm FILING FEE TABLE

 

 

WELLS FARGO & COMPANY S-3

Exhibit 107

 

Calculation of Filing Fee Table  

Form S-3  

(Form Type)

 

Wells Fargo & Company (“WFC”)

 

Wells Fargo Finance LLC (“WFF”)

 

(Exact Names of Registrants as Specified in their Respective Charters)

 

Table 1: Newly Registered and Carry Forward Securities

 

  Security Type Security Class Title Fee
Calculation
or Carry
Forward
Rule
Amount
Registered

Proposed Maximum 

Offering Price Per Unit 

Maximum Aggregate Offering Price Fee Rate Amount of
Registration
Fee
Carry
Forward
Form
Type
Carry
Forward File
Number
Carry
Forward
Initial
Effective
Date
Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to
be Carried
Forward
Newly Registered Securities
Fees to be Paid Debt WFC Debt Securities (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFC Warrants (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFC Units (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFC Purchase Contracts (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFC Guarantees of WFF Securities (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Debt WFF Debt Securities (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFF Warrants (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFF Units (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Other WFF Purchase Contracts (1) Rule 457(o) (2)(3) (2)(3) (2)(3)(4) 0.0001102 (2)(3)(4)        
Fees to be Paid Unallocated
(Universal)
Shelf
  Rule 457(o) (2)(3) (2)(3) $9,500,000,000 (2)(3)(4) 0.0001102 $1,046,900 (2)(3)(4)        
Fees Previously Paid          
Carry Forward Securities
Carry Forward Securities Debt WFC Debt Securities (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017 July 17, 2020 (2)(5)

 

 

 

 

  Security Type Security Class Title Fee
Calculation
or Carry
Forward
Rule
Amount
Registered

Proposed Maximum 

Offering Price Per Unit 

Maximum Aggregate Offering Price Fee Rate Amount of
Registration
Fee
Carry
Forward
Form
Type
Carry
Forward File
Number
Carry
Forward
Initial
Effective
Date
Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to
be Carried
Forward
Carry Forward Securities Other WFC Warrants (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017 July 17, 2020 (2)(5)
Carry Forward Securities Other WFC Units (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017 July 17, 2020 (2)(5)
Carry Forward Securities Other WFC Purchase Contracts (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017 July 17, 2020 (2)(5)
Carry Forward Securities Other WFC Guarantees of WFF Securities (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017 July 17, 2020 (2)(5)
Carry Forward Securities Debt WFF Debt Securities (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017-01 July 17, 2020 (2)(5)
Carry Forward Securities Other WFF Warrants (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017-01 July 17, 2020 (2)(5)
Carry Forward Securities Other WFF Units (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017-01 July 17, 2020 (2)(5)
Carry Forward Securities Other WFF Purchase Contracts (1) 415(a)(6) (2)(5)   (2)(5)     S-3 333-239017-01 July 17, 2020 (2)(5)
Carry Forward Securities Unallocated (Universal) Shelf   415(a)(6) (2)(5)   (2)(5)     S-3 333-239017-01 July 17, 2020 (2)(5)
  Total Offering Amount       $9,500,000,000 (2)(5)   $1,046,900 (2)(5)        
  Total Fees Previously Paid                  
  Total Fee Offsets           $1,046,900 (6)        
  Net Fee Due           $0 (5)(6)         

 

 

 

 

Table 2: Fee Offset Claims and Sources

 

  Registrant or Filer Name Form or Filing Type File Number Initial Filing
Date
Filing Date Fee Offset Claimed Security Type Associated with Fee Offset Claimed Security Title Associated with Fee Offset Claimed Unsold Securities Associated with Fee Offset Claimed Unsold Aggregate Offering Amount Associated with Fee Offset Claimed Fee Paid with Fee Offset Source
Rule 457(p)
Fee Offset Claims WFC S-3 333-236148 January 29, 2020   $1,046,900 (6) Unallocated (Universal) Shelf Unallocated (Universal) Shelf Unallocated (Universal) Shelf $8,065,485,399.13 (6)  
Fee Offset Sources WFC S-3 333-236148   January 29, 2020           $1,046,900 (6)

 

(1)Any securities registered hereunder may be sold separately or together with other securities registered hereunder. The Debt Securities to be offered hereunder will consist of one or more series of Debt Securities, as more fully described herein. The Warrants may be issued together in Units with any Purchase Contracts, Debt Securities, other securities of an affiliated or unaffiliated entity of WFC or any combination thereof. The Units to be offered hereunder may consist of one or more Warrants, Purchase Contracts, Debt Securities, other securities of an affiliated or unaffiliated entity of WFC or any combination thereof. The Purchase Contracts may require the holder thereof to purchase or sell (i) securities of WFC or an affiliate, a basket of such securities or any combination of the above or an index or indices of such securities, (ii) securities of an entity unaffiliated with WFC, a basket of such securities or any combination of the above or an index or indices of such securities, (iii) currencies, (iv) commodities, (v) exchange-traded funds or (vi) other property. Separate consideration may or may not be received for securities that are issuable upon exercise, conversion or exchange of other securities or that are issued in Units. No separate consideration will be received for the Guarantees of Debt Securities, Warrants, Units and Purchase Contracts of WFF, and no separate registration fee will be paid in respect of such Guarantees pursuant to Rule 457(n) under the Securities Act of 1933, as amended (the “Securities Act”).

 

(2)There is being registered hereby such indeterminate amount of the identified classes of securities as may from time to time be issued at indeterminate prices. The amount registered, the proposed maximum offering price per unit, the maximum aggregate offering price and the amount of registration fee are not specified as to each class of securities being registered. The proposed maximum offering price per unit will be determined from time to time by WFC or WFF, as applicable, in connection with the issuance of securities registered under the registration statement to which this Exhibit 107 relates (the “Registration Statement”).

 

(3)The Registration Statement also covers an indeterminate amount of the registered securities that may be reoffered and resold on an ongoing basis after their initial sale in market-making transactions by affiliates of WFC. These securities consist of (i) an indeterminate amount of such securities that are initially being registered, and will initially be offered and sold, under the Registration Statement and (ii) an indeterminate amount of other securities of WFC or WFF initially offered and sold under other registration statements. All such market-making transactions with respect to securities that are made pursuant to a prospectus supplement relating to, and after the effectiveness of, the Registration Statement are being made pursuant to the base prospectus contained in the Registration Statement. No separate registration fee is required for the registration of the indeterminate amount of securities to be offered solely for market-making purposes by affiliates of WFC.

 

(4)The maximum aggregate offering price of all securities reflected in the table above has been estimated solely for purposes of calculating a registration fee pursuant to Rule 457(o) under the Securities Act, and such amount will be updated prior to the effectiveness of the Registration Statement. In no event will the aggregate offering price of the securities issued under the Registration Statement exceed the amount registered.

 

(5)The Registrants previously registered securities having a maximum aggregate offering price of $14,868,816,670 (or the equivalent thereof in any other currency) pursuant to a Registration Statement on Form S-3 (File Nos. 333-239017 and 333-239017-01), which became effective on July 17, 2020 (the “Prior Registration Statement No.1”). In respect of the Prior Registration Statement No.1, WFC (i) paid a registration fee of $1,687,400 in respect of $13 billion in newly-registered securities and (ii) utilized previously-paid registration fees of $226,500.58 in respect of $1,868,816,670 in carry forward securities that remained unsold from a Registration Statement on Form S-3 (File Nos. 333-221324 and 333-221324-01), as amended (such carry forward securities were included in the Prior Registration Statement No.1 pursuant to Rule 415(a)(6) under the Securities Act). Prior to the effectiveness of the Registration Statement, the Registrants plan to specify in a pre-effective amendment to the Registration Statement the amount of unsold securities covered by the Prior Registration Statement No.1 to be included in the Registration Statement pursuant to Rule 415(a)(6) and the filing fee paid in connection with such unsold securities, which will continue to be applied to such unsold securities, as well as the amount of any new securities to be registered, in addition to the securities registered in this filing, and the related fees. Pursuant to Rule 415(a)(6), the offering of unsold securities under the Prior Registration Statement No.1 will be deemed terminated as of the date of effectiveness of the Registration Statement.

 

(6)WFF, a co-registrant on this Registration Statement, is a wholly-owned finance subsidiary of WFC. WFC previously registered securities having a maximum aggregate offering price of $86 billion (or the equivalent thereof in any other currency) pursuant to a Registration Statement on Form S-3 (File No. 333-236148), which became effective on February 25, 2020 (the “Prior Registration Statement No.2”). In respect of the Prior Registration Statement No.2, WFC (i) paid a registration fee of $8,566,800 in respect of $66 billion in newly-registered securities and (ii) utilized previously-paid registration fees of $2,424,000 in respect of $20 billion in carry forward securities that remained unsold from Registration Statement No. 333-216234, as amended on February 28, 2019 (such carry forward securities were included in the Prior Registration Statement No.2 pursuant to Rule 415(a)(6) under the Securities Act). Pursuant to Rule 457(p) under the Securities Act, the registration fee of $1,046,900 currently due is fully offset by the unused registration fee of $1,046,900 that was previously paid with respect to $8,065,485,399.13 in unsold securities registered pursuant to the Prior Registration Statement No.2 (the “Unsold Securities”), resulting in zero net registration fee for the Registration Statement. WFC hereby confirms the offering of the Unsold Securities associated with the claimed fee offset pursuant to Rule 457(p) has been terminated.