Lindsay J. Radkoski - 15 Aug 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
CMO, U.S.
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
15 Aug 2024
Net transactions value
$0
Form type
4
Filing time
19 Aug 2024, 17:08:27 UTC
Next filing
19 Sep 2024
SEC
View on sec.gov

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 +29,086 +174% $0.000000 45,763 15 Aug 2024 Common Stock 29,086 Direct F1, F2, F3
transaction WEN Restricted Stock Units Award $0 +7,308 +16% $0.000000 53,071 15 Aug 2024 Common Stock 7,308 Direct F1, F2, F4
transaction WEN Employee Stock Option (Right to Buy) Award $0 +59,408 $0.000000 59,408 15 Aug 2024 Common Stock 59,408 $17.19 Direct F5, F6
* 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 The restricted stock units will vest in full on August 15, 2027, subject to Ms. Radkoski's continued employment with the Company on the vesting date.
F4 The restricted stock units will vest in three equal installments on August 15, 2025, 2026 and 2027, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.
F5 With tandem net exercise and tax withholding rights.
F6 The option vests in three equal installments on August 15, 2025, 2026 and 2027, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.