Wells Fargo 2014 Annual Report Download - page 243

The balance of common stock and unreleased preferred shares of common stock and unreleased ESOP Preferred Stock
stock held in the Wells Fargo ESOP fund, the fair value of paid to the 401(k) Plan were:
unreleased ESOP preferred stock and the dividends on allocated
Shares outstanding
December 31,
(in millions, except shares) 2014 2013 2012
Allocated shares (common) 136,801,782 137,354,139 136,821,035
Unreleased shares (preferred) 1,251,287 1,105,664 910,934
Fair value of unreleased ESOP preferred shares $ 1,251 1,105 911
Dividends paid
Year ended December 31,
2014 2013 2012
Allocated shares (common) $ 186 159 117
Unreleased shares (preferred) 152 132 115
Deferred Compensation Plan for Independent
Sales Agents
WF Deferred Compensation Holdings, Inc. is a wholly-owned
subsidiary of the Parent formed solely to sponsor a deferred
compensation plan for independent sales agents who provide
investment, financial and other qualifying services for or with
respect to participating affiliates.
The Nonqualified Deferred Compensation Plan for
Independent Contractors, which became effective
January 1, 2002, allowed participants to defer all or part of their
eligible compensation payable to them by a participating
affiliate. The Parent has fully and unconditionally guaranteed
the deferred compensation obligations of WF Deferred
Compensation Holdings, Inc. under the plan. No future deferrals
may be made under this plan and participants may no longer
reallocate their existing account balances under the plan among
different investment options.
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