Matthew Coley O'Brien - Aug 13, 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief People Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/17/2021, 05:52 PM
Previous filing
Jun 11, 2021
Next filing
Mar 4, 2022

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) Award $0 +36.3K $0.00 36.3K Aug 13, 2021 Common Stock 36.3K $23.70 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 vests in three equal installments on August 13, 2022, 2023 and 2024, subject to Mr. O'Brien's continued employment with the Company on the applicable vesting date.