Liliana Esposito - 03 Mar 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
03 Mar 2023
Net transactions value
-$76,548
Form type
4
Filing time
07 Mar 2023, 16:16:27 UTC
Previous filing
02 Mar 2023
Next filing
10 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 Options Exercise $62,210 +6,167 +8.2% $10.09 81,032 03 Mar 2023 Direct
transaction WEN Common Stock Sale $138,758 -6,167 -7.6% $22.50 74,865 03 Mar 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 -6,167 -8.7% $0.000000 64,701 03 Mar 2023 Common Stock 6,167 $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.