Kenneth W. Gilbert - May 21, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Director
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 05:17 PM
Previous filing
Mar 19, 2024
Next filing
Jun 20, 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 +9.11K +131.31% $0.00 16K May 21, 2024 Common Stock 9.11K Direct F1, F2
* 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 The restricted stock units will vest in full on the earlier of May 21, 2025 or the date of the Company's 2025 annual meeting of stockholders. Vested shares will be delivered upon Mr. Gilbert's termination as a director of the Company.