SEC Form 4 · accession 0001127602-16-053675
WELLS FARGO & COMPANY/MN · WFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G Stumpf
Officer — Chairman & CEO · Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 1:35 pm EDT
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 | Apr 1, 2016 | G | 278,661 | $0.00 | D | 100 | D | |
| Common Stock, $1 2/3 Par Value | Apr 1, 2016 | G | 278,661 | $0.00 | A | 1,127,685 | I | Through Family Trust |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | M | 800,000 | $34.39 | A | 800,100 | D | |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | F | 677,959 | $50.50 | D | 122,141 | D | |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | M | 400,000 | $35.06 | A | 522,141 | D | |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | F | 341,516 | $50.50 | D | 180,625 | D | |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | M | 490,994 | $31.40 | A | 671,619 | D | |
| Common Stock, $1 2/3 Par Value | May 25, 2016 | F | 402,190 | $50.50 | D | 269,429 | D | |
| Common Stock, $1 2/3 Par ValueF1 | holding | — | — | — | 89,814 | I | Through 401(k) Plan | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 7,736 | I | Through Ira | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 112,000 | I | Through JJS 2011 Irrevocable Trust | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 200,000 | I | Through JS GRAT | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 200,000 | I | Through RS GRAT | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 150,000 | I | Through RT 2011 Irrevocable Trust | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 4,863 | I | Through Self Employed Pension Plan | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 5,387 | I | Through Spouse's Ira |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Purchase OptionF2 | $34.39 | May 25, 2016 | M | 800,000 | D | — | Feb 27, 2017 | Common Stock, $1 2/3 Par Value | 800,000 | 0 | D |
| Employee Stock Purchase OptionF3 | $35.06 | May 25, 2016 | M | 400,000 | D | — | Jun 26, 2017 | Common Stock, $1 2/3 Par Value | 400,000 | 0 | D |
| Employee Stock Purchase OptionF4 | $31.40 | May 25, 2016 | M | 490,994 | D | — | Feb 26, 2018 | Common Stock, $1 2/3 Par Value | 490,994 | 1,509,006 | D |
Explanation of responses
- F1Reflects share equivalent of units in Wells Fargo ESOP Fund of 401(k) Plan (the "Plan") as of April 29, 2016, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company common stock.
- F2The employee stock options, representing a right to purchase a total of 800,000 shares, became exercisable in three equal annual installments beginning on the first anniversary of the date of grant (2/27/2008).
- F3The employee stock options, representing a right to purchase a total of 400,000 shares, became exercisable in three equal annual installments beginning on the first anniversary of the date of grant (6/26/2008).
- F4The employee stock options, representing a right to purchase a total of 2,000,000 shares, became exercisable in three equal annual installments beginning on the first anniversary of the date of grant (2/26/2009).