Suzanne M. Thuerk - 07 Aug 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Accounting Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
07 Aug 2023
Net transactions value
-$8,623
Form type
4
Filing time
09 Aug 2023, 17:07:45 UTC
Previous filing
20 Jun 2023
Next filing
15 Aug 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 $0 +1,321 +23% $0.000000 7,016 07 Aug 2023 Direct F1
transaction WEN Common Stock Tax liability $8,623 -395 -5.6% $21.83 6,621 07 Aug 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 -1,321 -21% $0.000000 5,103 07 Aug 2023 Common Stock 1,321 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.