Deepak Ajmani - Feb 19, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Operations Officer - U.S
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Feb 19, 2024
Transactions value $
-$21,747
Form type
4
Date filed
2/21/2024, 05:12 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 +3.98K +157.75% $0.00 6.5K Feb 19, 2024 Direct F1
transaction WEN Common Stock Tax liability -$21.7K -1.18K -18.16% $18.43 5.32K Feb 19, 2024 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 -3.98K -69.03% $0.00 1.78K Feb 19, 2024 Common Stock 3.98K 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 347 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on February 19, 2021, and fully vested on February 19, 2024.