SEC Form 4 · accession 0001209191-17-026722

WELLS FARGO & COMPANY/MN · WFC

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

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1These securities are owned directly by Warren E. Buffett, who is a reporting person hereunder.
• F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.32 to $55.24, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (7) and (8) to this Form 4.
• F3497,165,023 of the total reported securities are owned directly by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AmGUARD Insurance Company (229,500), Atlanta International Insurance Company (57,000), Berkshire Hathaway Assurance Corporation (3,033,500), Berkshire Hathaway Direct Insurance Company (320,000), Berkshire Hathaway Homestate Insurance Company (16,450,000), Berkshire Hathaway Life Insurance Company of Nebraska (5,250,000), Berkshire Hathaway Specialty Insurance Company (15,146,100), BH Finance LLC (6,812,857), Brilliant National Services, Inc. (194,000), California Insurance Company (575,000), Central States Indemnity Co. of Omaha (1,485,000), Columbia Insurance Company (74,533,819), Commercial Casualty Insurance Company (190,000), Continental Indemnity Company (126,000), Cypress Insurance Company (820,000), EastGUARD Insurance Company (97,000), Finial Reinsurance Company (1,160,000), First Berkshire Hathaway Life Insurance Company (53,500),
• F4Continued from footnote 3: Government Employees Insurance Company (26,646,700), GEICO Advantage Insurance Company (350,000), GEICO Casualty Company (1,776,000), GEICO Choice Insurance Company (350,000), GEICO Indemnity Company (6,596,500), GEICO Marine Insurance Company (186,000), GEICO Secure Insurance Company (350,000), General Re Life Corporation (2,165,000), General Reinsurance Corporation (20,715,200), General Star Indemnity Company (1,432,000), General Star National Insurance Company (113,000), Genesis Insurance Company (170,000), The Medical Protective Company (9,272,000), Mount Vernon Fire Insurance Company (1,722,600), National Fire & Marine Insurance Company (55,776,330), National Indemnity Company (229,158,757), National Liability & Fire Insurance Company (2,788,000), Nebraska Furniture Mart, Inc. (1,609,720), National Indemnity Company of Mid America (404,000), National Indemnity Company of the South (460,000), NorGUARD Insurance Company (485,000),
• F5Continued from footnote 4: Oak River Insurance Company (383,000), Old United Casualty Company (778,000), Precision Steel Warehouse, Inc. (800,000), Princeton Insurance Company (995,000), Radnor Specialty Insurance Company (48,000), Redwood Fire and Casualty Insurance Company (1,475,940), The Fechheimer Brothers Company (1,700,000), United States Liability Insurance Company (1,030,000), U.S. Underwriters Insurance Company (275,000), and WestGUARD Insurance Company (620,000). In order to avoid double counting, shares of Common Stock reported as being owned by each of these subsidiaries only reflect shares that are owned directly by such subsidiary, and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported in this Form 4.
• F6Continued from footnote 5: As Berkshire is in the chain of ownership of each subsidiary listed above, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently directly owned by such subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
• F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.265 to $54.25, inclusive.
• F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.055 to $54.00, inclusive