Matthew P. Spessard - Mar 9, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Information Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Mar 9, 2024
Transactions value $
-$25,788
Form type
4
Date filed
3/12/2024, 05:02 PM
Previous filing
Mar 7, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +4.07K $0.00 4.07K Mar 9, 2024 Direct F1
transaction WEN Common Stock Tax liability -$25.8K -1.4K -34.42% $18.42 2.67K Mar 9, 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 -4.07K -43.33% $0.00 5.32K Mar 9, 2024 Common Stock 4.07K 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.