SEC Form 4 · accession 0001127602-16-044736

WELLS FARGO & COMPANY/MN · WFC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & COO

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 2:40 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000072971

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $1 2/3 Par Value	Mar 1, 2016	M	131,190	$34.39	A	652,598	D
Common Stock, $1 2/3 Par Value	Mar 1, 2016	F	109,740	$48.72	D	542,858	D
Common Stock, $1 2/3 Par Value^F1	holding	—	—		—	784	I	Through 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Purchase Option^F2	$34.39	Mar 1, 2016	M	131,190	D	—	Feb 27, 2017	Common Stock, $1 2/3 Par Value	131,190	131,190	D
2013 Performance Shares^F3,F4	—	Mar 1, 2016	A	245,527	A	—	—	Common Stock, $1 2/3 Par Value	245,527	245,527	D

F1Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 29, 2016, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F2The employee stock options, representing a right to purchase a total of 392,380 shares, became exercisable in three equal annual installments beginning on the first anniversary of the date of grant (2/27/2008).
F3Each 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.
F4Represents the maximum number of 2013 Performance Shares earned based on the Company's attainment of pre-established performance goals for the three-year performance period ended December 31, 2015, as provided under the terms of a Performance Share award granted on March 8, 2013, which is exempt under Rule 16b-3(d). The 2013 Performance Shares will be settled in shares of common stock of the Company on March 15, 2016. 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.