SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): March 16, 1998 WELLS FARGO & COMPANY (Exact name of registrant as specified in its charter) Delaware l-6214 No. 13-2553920 (State or other juris- (Commission File (IRS Employer diction of incorporation) Number) Identification No.) 420 Montgomery Street, San Francisco, California 94l04 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: l-800-411-4932 Not applicable (Former name or former address, if changed since last report) Item 5: OTHER EVENTS Wells Fargo & Company received the following information after the printing of the proxy statement for its 1998 annual meeting of shareholders: Oppenheimer Capital ("Oppenheimer") has reported beneficial ownership of 6,129,043 shares of Wells Fargo Common Stock as of December 31, 1997. This amount represents approximately 7.0 percent of the total shares then outstanding, calculated in accordance with SEC rules. Oppenheimer is a registered investment adviser and shares voting and dispositive power over the reported shares with certain investment advisory clients and discretionary accounts. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on March 20, l998. WELLS FARGO & COMPANY By: /s/ GUY ROUNSAVILLE, JR. ---------------------------- Guy Rounsaville, Jr. Executive Vice President and Secretary -2-