Liliana Esposito - Mar 3, 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Mar 3, 2023
Transactions value $
-$76,548
Form type
4
Date filed
3/7/2023, 04:16 PM
Previous filing
Mar 2, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $62.2K +6.17K +8.24% $10.09 81K Mar 3, 2023 Direct
transaction WEN Common Stock Sale -$139K -6.17K -7.61% $22.50 74.9K Mar 3, 2023 Direct

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) Options Exercise $0 -6.17K -8.7% $0.00 64.7K Mar 3, 2023 Common Stock 6.17K $10.09 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 vested in three equal installments on August 12, 2017, 2018 and 2019, and is currently exercisable as to all 70,868 shares.