Abigail E. Pringle - Feb 19, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Pres Intl & Chf Developmnt Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Feb 19, 2024
Transactions value $
-$139,258
Form type
4
Date filed
2/21/2024, 05:05 PM
Previous filing
Dec 19, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +23.8K +15.2% $0.00 181K Feb 19, 2024 Direct F1
transaction WEN Common Stock Tax liability -$139K -7.44K -4.12% $18.72 173K Feb 19, 2024 Direct
holding WEN Common Stock 9.25K Feb 19, 2024 By Spouse

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 -23.8K -66.92% $0.00 11.8K Feb 19, 2024 Common Stock 23.8K 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 2,443 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on February 19, 2020 and fully vested on February 19, 2024.