Suzanne M. Thuerk - Aug 7, 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Accounting Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Aug 7, 2023
Transactions value $
-$8,623
Form type
4
Date filed
8/9/2023, 05:07 PM
Previous filing
Jun 20, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +1.32K +23.2% $0.00 7.02K Aug 7, 2023 Direct F1
transaction WEN Common Stock Tax liability -$8.62K -395 -5.63% $21.83 6.62K Aug 7, 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 Restricted Stock Units Options Exercise $0 -1.32K -20.56% $0.00 5.1K Aug 7, 2023 Common Stock 1.32K 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 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Includes 91 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on August 7, 2020 and fully vested on August 7, 2023.