Juan Carlos Loredo - Mar 15, 2024 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
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 05:24 PM
Previous filing
Feb 28, 2024
Next filing
May 10, 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 +131 +0.99% $0.00 13.3K Mar 15, 2024 Common Stock 131 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +49 +0.37% $0.00 13.4K Mar 15, 2024 Common Stock 49 Direct F1, F2, F3, F5
* 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 March 15, 2024.
F4 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.
F5 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.