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

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Jun 15, 2021
Transactions value $
-$193
Form type
4
Date filed
6/17/2021, 05:33 PM
Previous filing
Jun 11, 2021
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 $0 +26 +0.04% $0.00 65.1K Jun 15, 2021 Direct F1
transaction WEN Common Stock Tax liability -$193 -8 -0.01% $24.17 65.1K Jun 15, 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 $0.00 26 Jun 15, 2021 Common Stock 26 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Options Exercise $0 -26 -100% $0.00* 0 Jun 15, 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.