Liliana Esposito - 15 Jun 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
15 Jun 2021
Net transactions value
-$193
Form type
4
Filing time
17 Jun 2021, 17:33:27 UTC
Previous filing
11 Jun 2021
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 $0 +26 +0.04% $0.000000 65,076 15 Jun 2021 Direct F1
transaction WEN Common Stock Tax liability $193 -8 -0.01% $24.16 65,068 15 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 Restricted Stock Units Award $0 +26 $0.000000 26 15 Jun 2021 Common Stock 26 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Options Exercise $0 -26 -100% $0.000000* 0 15 Jun 2021 Common Stock 26 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Represents dividend equivalent units issued on June 15, 2021.
F4 The dividend equivalent units had accrued on restricted stock units that vested in full on June 5, 2021; accordingly, the dividend equivalent units vested in full immediately upon being issued on June 15, 2021.