Kurt A. Kane - 15 Dec 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
Pres US & Chf Commercial Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
15 Dec 2021
Net transactions value
$0
Form type
4
Filing time
17 Dec 2021, 17:29:53 UTC
Previous filing
17 Sep 2021
Next filing
04 Mar 2022
SEC
View on sec.gov

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 +119 +0.54% $0.000000 22,175 15 Dec 2021 Common Stock 119 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem dividend equivalent rights and tax withholding rights.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3 Represents dividend equivalent units issued on December 15, 2021.
F4 The restricted stock units will vest in full on February 19, 2024, subject to Mr. Kane's continued employment with the Company on the vesting date.