Leigh A. Burnside - Jun 9, 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
SVP, Finance & CAO
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Jun 9, 2021
Transactions value $
-$15,207
Form type
4
Date filed
6/11/2021, 05:20 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $30.3K +3K +5.91% $10.09 53.7K Jun 9, 2021 Direct
transaction WEN Common Stock Tax liability -$45.5K -1.68K -3.13% $27.07 52K Jun 9, 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 -3K -10.16% $0.00 26.5K Jun 9, 2021 Common Stock 3K $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.