Juan Carlos Loredo - Dec 15, 2023 Form 4 Insider Report for Wendy's Co (WEN)

Role
Global Chief Marketing Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/19/2023, 05:05 PM
Previous filing
Sep 19, 2023
Next filing
Feb 21, 2024

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 +66 +0.36% $0.00 18.3K Dec 15, 2023 Common Stock 66 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +119 +0.65% $0.00 18.4K Dec 15, 2023 Common Stock 119 Direct F1, F2, F3, F5
transaction WEN Restricted Stock Units Award $0 +44 +0.24% $0.00 18.5K Dec 15, 2023 Common Stock 44 Direct F1, F2, F3, F6
* 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 December 15, 2023.
F4 The restricted stock units will vest in full on February 19, 2024, subject to Mr. Loredo's continued employment with the Company on the vesting date.
F5 The restricted stock units will vest in full on February 22, 2025, subject to Mr. Loredo's continued employment with the Company on the vesting date.
F6 The restricted stock units will vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Loredo's continued employment with the Company on the applicable vesting date.