New Issue: Wells Fargo prices $2.14 million notes linked to Vanguard Total Stock Market with averaging

By Angela McDaniels

Tacoma, Wash., Sept. 4 - Wells Fargo & Co. priced $2.14 million of 0% upside participation ETF-linked notes due March 6, 2020 linked to the Vanguard Total Stock Market index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 117% of the ETF return. If the ETF return is negative or zero, the payout will be par. The ETF's final share price will be the average of the ETF's closing share prices on the last trading day of each February, May, August and November from November 2013 through February 2020.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Upside participation ETF-linked notes
Underlying ETF:	Vanguard Total Stock Market index fund
Amount:	$2,141,000
Maturity:	March 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus 117% of ETF return; if ETF return is negative or zero, par
Initial share price:	$84.77
Final share price:	Average of ETF's closing share prices on last trading day of each February, May, August and November from November 2013 through February 2020
Pricing date:	Aug. 30
Settlement date:	Sept. 9
Agent:	Wells Fargo Securities LLC
Fees:	1.5%
Cusip:	94986RQX2

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