8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Feb 7, 2017)

Filed February 7, 2017For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

This SEC filing (Form 8-K) for Wells Fargo & Company, filed on February 7, 2017, primarily serves to report the issuance of several series of Medium-Term Notes. These notes are structured as "Principal at Risk Securities" and are linked to various indices and ETFs, including the S&P 500 Index, SPDR® S&P 500® ETF Trust, Russell 2000® Index, EURO STOXX 50® Index, and the Financial Select Sector SPDR® Fund. The filing includes the forms of these notes and a legal opinion from Faegre Baker Daniels LLP concerning them.

Key Highlights

  • 1Wells Fargo issued five series of Medium-Term Notes, Series K, on February 7, 2017.
  • 2These notes are designated as "Principal at Risk Securities," meaning investors could lose a portion or all of their principal.
  • 3The performance of these notes is linked to various financial benchmarks, including equity indices and ETFs.
  • 4Maturity dates for these notes range from August 2019 to February 2021.
  • 5The filing provides the specific forms for each of the five note series.
  • 6A legal opinion from Faegre Baker Daniels LLP regarding these notes is included as an exhibit.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report the issuance of new "Medium-Term Notes, Series K" by Wells Fargo and to provide investors with the official documentation for these notes, including their terms and a legal opinion.

"Principal at Risk Securities" means that the return on these notes is tied to the performance of underlying assets, and investors are exposed to the risk of losing some or all of their initial investment if the performance of these underlying assets does not meet certain thresholds.

The notes are linked to various financial instruments and indices, such as the SPDR® S&P 500® ETF Trust, the S&P 500® Index, the Russell 2000® Index, the EURO STOXX 50® Index, and the Financial Select Sector SPDR® Fund.

The detailed terms and conditions for each specific note series are provided as exhibits (4.1 through 4.5) in this 8-K filing. A legal opinion from Faegre Baker Daniels LLP is also included as Exhibit 5.1.