Leigh A. Burnside - Aug 12, 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role
SVP, CAO & CFO US
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
4
Date filed
8/16/2022, 06:03 PM
Previous filing
Mar 4, 2022
Next filing
Feb 14, 2023

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 +25.3K $0.00 25.3K Aug 12, 2022 Common Stock 25.3K $21.40 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 12, 2023, 2024 and 2025, subject to Ms. Burnside's continued employment with the Company on the applicable vesting date.