Deepak Ajmani - 15 Mar 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Operations Officer - U.S
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
15 Mar 2023
Transactions value $
$0
Form type
4
Filing time
17 Mar 2023, 18:20:11 UTC
Previous filing
02 Mar 2023
Next filing
20 Jun 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 +45 +1.19% $0.00 3.84K 15 Mar 2023 Common Stock 45 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 March 15, 2023.
F4 The restricted stock units will vest on February 19, 2024, subject to Mr. Ajmani's continued employment with the Company on the vesting date.

Remarks:

Power of attorney is included with this filing as Exhibit 24.