Shares are convertible at the option of the holder into 1.3228 common shares at an initial conversion price of $18.90. After 6/10/2020 if the price of the common exceeds 110% of the conversion price for 45 consecutive days the company may at their option force conversion at the then prevailing conversion price.
Shares are convertible, at the option of the holder any time into 20 shares of BAC (an initial conversion of $50). After 1/30/2013 if the common shares exceeds 130% of the conversion price for 20 of any 30 consecutive day period the company may force a conversion at the current conversion rate. These shares are not redeemable.
Originally issued by Wachovia Bank which was acquired by Wells Fargo on 1/1/2009
Issue is not callable
Shares are convertible into shares of Wells Fargo at the option of the holder into 6.3814 shares of Wells Fargo. On and after 3/15/2013 if the price of the common stock exceeds 130% of the conversion price for 20 of any 30 consecutive trading days the company may, at their option force conversion of the then prevailing conversion price. The initial conversion price was $156.71.
Further information can be found in the registration statement
