JOSEPH A. LEVATO - 15 Mar 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role: Director
Signature: /s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol: WEN
Transactions as of: 15 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2023, 18:19:09 UTC
Previous filing: 19 Dec 2022
Next filing: 18 May 2023
SEC: View on sec.gov

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	Award	$0	+281	+0.19%	$0.000000	151,849	15 Mar 2023	Common Stock	281		Direct	F1, F2, F3
transaction	WEN	Restricted Stock Units	Award	$0	+268	+0.18%	$0.000000	152,117	15 Mar 2023	Common Stock	268		Direct	F1, F2, F4
transaction	WEN	Restricted Stock Units	Award	$0	+238	+0.16%	$0.000000	152,355	15 Mar 2023	Common Stock	238		Direct	F1, F2, F5
transaction	WEN	Restricted Stock Units	Award	$0	+255	+0.17%	$0.000000	152,610	15 Mar 2023	Common Stock	255		Direct	F1, F2, F6
transaction	WEN	Restricted Stock Units	Award	$0	+189	+0.12%	$0.000000	152,799	15 Mar 2023	Common Stock	189		Direct	F1, F2, F7
transaction	WEN	Restricted Stock Units	Award	$0	+131	+0.09%	$0.000000	152,930	15 Mar 2023	Common Stock	131		Direct	F1, F2, F8
transaction	WEN	Restricted Stock Units	Award	$0	+109	+0.07%	$0.000000	153,039	15 Mar 2023	Common Stock	109		Direct	F1, F2, F9
transaction	WEN	Restricted Stock Units	Award	$0	+115	+0.08%	$0.000000	153,154	15 Mar 2023	Common Stock	115		Direct	F1, F2, F10
transaction	WEN	Restricted Stock Units	Award	$0	+89	+0.06%	$0.000000	153,243	15 Mar 2023	Common Stock	89		Direct	F1, F2, F11
transaction	WEN	Restricted Stock Units	Award	$0	+93	+0.06%	$0.000000	153,336	15 Mar 2023	Common Stock	93		Direct	F1, F2, F12
transaction	WEN	Restricted Stock Units	Award	$0	+79	+0.05%	$0.000000	153,415	15 Mar 2023	Common Stock	79		Direct	F1, F2, F13

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2	Represents dividend equivalent units issued on March 15, 2023.
F3	The restricted stock units vested in two equal installments on May 28, 2010 and May 28, 2011. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F4	The restricted stock units vested in two equal installments on June 1, 2011 and June 1, 2012. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F5	The restricted stock units vested in two equal installments on May 26, 2012 and May 26, 2013. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F6	The restricted stock units vested in two equal installments on May 24, 2013 and May 24, 2014. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F7	The restricted stock units vested in full on May 23, 2014. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F8	The restricted stock units vested in full on May 28, 2015. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F9	The restricted stock units vested in full on May 26, 2016. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F10	The restricted stock units vested in full on May 23, 2017. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F11	The restricted stock units vested in full on May 23, 2018. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F12	The restricted stock units vested in full on June 4, 2019. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
F13	The restricted stock units vested in full on May 27, 2020. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.