Kurt A. Kane - Dec 15, 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role
Pres US & Chf Commercial Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Dec 15, 2022
Transactions value $
$0
Form type
4
Date filed
12/19/2022, 04:30 PM
Previous filing
Sep 19, 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 Restricted Stock Units +Grant/Award $0 +122 +0.54% $0.00 22,722 Dec 15, 2022 Common Stock 122 Direct F1, F2, F3, F4

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, 2022.
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.