Leigh A. Burnside - 09 Jun 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
SVP, Finance & CAO
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
09 Jun 2021
Net transactions value
-$15,207
Form type
4
Filing time
11 Jun 2021, 17:20:15 UTC
Next filing
17 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $30,262 +3,000 +5.9% $10.09 53,721 09 Jun 2021 Direct
transaction WEN Common Stock Tax liability $45,469 -1,680 -3.1% $27.06 52,041 09 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WEN Employee Stock Option (Right to Buy) Options Exercise $0 -3,000 -10% $0.000000 26,528 09 Jun 2021 Common Stock 3,000 $10.09 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem net exercise and tax withholding rights.
F2 The option, representing a right to purchase a total of 29,528 shares of the Company's common stock, vested in three equal installments on August 12, 2017, 2018 and 2019, and is currently exercisable as to all 29,528 shares.