SEC Form 4 · accession 0001127602-17-002580
WELLS FARGO & COMPANY/MN · WFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Franklin R Codel
Officer — Sr. Executive Vice President
Period of report
Jan 26, 2017
Accepted (ET)
Jan 27, 2017 · 1:51 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 | Jan 26, 2017 | M | 33,640 | $34.39 | A | 103,855 | D | |
| Common Stock, $1 2/3 Par Value | Jan 26, 2017 | F | 24,774 | $57.18 | D | 79,081 | D | |
| Common Stock, $1 2/3 Par Value | holding | — | — | — | 20 | I | By child | |
| Common Stock, $1 2/3 Par ValueF1 | holding | — | — | — | 11,181 | I | Through 401(k) Plan |
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 | Jan 26, 2017 | M | 33,640 | D | — | Feb 27, 2017 | Common Stock, $1 2/3 Par Value | 33,640 | 0 | D |
Explanation of responses
- F1Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 30, 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 33,640 shares, became exercisable in three equal annual installments beginning on the first anniversary of the date of grant (2/27/2008). These employee stock options are subject to the Company's stock ownership policy requirements.