E.J. Wunsch - 17 Jun 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Legal Ofcr & Secretary
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
17 Jun 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 18:05:18 UTC
Previous filing
04 Mar 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Other $0 -40,719 -46% $0.000000 48,219 17 Jun 2022 Direct F1

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 +63,206 $0.000000 63,206 12 Aug 2022 Common Stock 63,206 $21.40 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the date of the reporting person's last ownership report, the reporting person transferred 40,719 shares of the Company's common stock to his former spouse pursuant to a domestic relations order. Following this transfer, the reporting person held 48,219 shares of the Company's common stock.
F2 With tandem net exercise and tax withholding rights.
F3 The option vests in three equal installments on August 12, 2023, 2024 and 2025, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.
F4 Since the date of the reporting person's last ownership report, the reporting person transferred (a) 44,008 stock options with a grant date of August 11, 2017, (b) 26,707 stock options with a grant date of August 20, 2018, (c) 18,939 stock options with a grant date of August 9, 2019 and (d) 1,535 stock options with a grant date of August 7, 2020, in each case to his former spouse pursuant to a domestic relations order. Following these transfers, the reporting person held 44,008 stock options with a grant date of August 11, 2017, 49,057 stock options with a grant date of August 20, 2018, 80,217 stock options with a grant date of August 9, 2019 and 61,135 stock options with a grant date of August 7, 2020.