Matthew P. Spessard - 09 Mar 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Information Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
09 Mar 2024
Net transactions value
-$25,788
Form type
4
Filing time
12 Mar 2024, 17:02:33 UTC
Previous filing
07 Mar 2024
Next filing
19 Mar 2024
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 +4,067 $0.000000 4,067 09 Mar 2024 Direct F1
transaction WEN Common Stock Tax liability $25,788 -1,400 -34% $18.42 2,667 09 Mar 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 -4,067 -43% $0.000000 5,319 09 Mar 2024 Common Stock 4,067 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 340 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on March 9, 2021 and fully vested on March 9, 2024.