JOSEPH A. LEVATO - 15 Mar 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role: Director
Signature: /s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol: WEN
Transactions as of: 15 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2022, 17:23:01 UTC
Previous filing: 17 Dec 2021
Next filing: 20 May 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	+131	+0.09%	$0.000000	148,055	15 Mar 2022	Common Stock	131		Direct	F1, F2, F3
transaction	WEN	Restricted Stock Units	Award	$0	+124	+0.08%	$0.000000	148,179	15 Mar 2022	Common Stock	124		Direct	F1, F2, F4
transaction	WEN	Restricted Stock Units	Award	$0	+111	+0.07%	$0.000000	148,290	15 Mar 2022	Common Stock	111		Direct	F1, F2, F5
transaction	WEN	Restricted Stock Units	Award	$0	+120	+0.08%	$0.000000	148,410	15 Mar 2022	Common Stock	120		Direct	F1, F2, F6
transaction	WEN	Restricted Stock Units	Award	$0	+88	+0.06%	$0.000000	148,498	15 Mar 2022	Common Stock	88		Direct	F1, F2, F7
transaction	WEN	Restricted Stock Units	Award	$0	+61	+0.04%	$0.000000	148,559	15 Mar 2022	Common Stock	61		Direct	F1, F2, F8
transaction	WEN	Restricted Stock Units	Award	$0	+51	+0.03%	$0.000000	148,610	15 Mar 2022	Common Stock	51		Direct	F1, F2, F9
transaction	WEN	Restricted Stock Units	Award	$0	+53	+0.04%	$0.000000	148,663	15 Mar 2022	Common Stock	53		Direct	F1, F2, F10
transaction	WEN	Restricted Stock Units	Award	$0	+41	+0.03%	$0.000000	148,704	15 Mar 2022	Common Stock	41		Direct	F1, F2, F11
transaction	WEN	Restricted Stock Units	Award	$0	+44	+0.03%	$0.000000	148,748	15 Mar 2022	Common Stock	44		Direct	F1, F2, F12
transaction	WEN	Restricted Stock Units	Award	$0	+37	+0.02%	$0.000000	148,785	15 Mar 2022	Common Stock	37		Direct	F1, F2, F13

* 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	Represents dividend equivalent units issued on March 15, 2022.
F3	The restricted stock units vested in two equal installments on May 28, 2010 and May 28, 2011. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F4	The restricted stock units vested in two equal installments on June 1, 2011 and June 1, 2012. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F5	The restricted stock units vested in two equal installments on May 26, 2012 and May 26, 2013. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F6	The restricted stock units vested in two equal installments on May 24, 2013 and May 24, 2014. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F7	The restricted stock units vested in full on May 23, 2014. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F8	The restricted stock units vested in full on May 28, 2015. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F9	The restricted stock units vested in full on May 26, 2016. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F10	The restricted stock units vested in full on May 23, 2017. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F11	The restricted stock units vested in full on May 23, 2018. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F12	The restricted stock units vested in full on June 4, 2019. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F13	The restricted stock units vested in full on May 27, 2020. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.