Matthew P. Spessard - Sep 17, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Information Officer
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Sep 17, 2024
Transactions value $
$0
Form type
4
Date filed
9/19/2024, 04:48 PM
Previous filing
Aug 15, 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 +16 +0.38% $0.00 4.26K Sep 17, 2024 Common Stock 16 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +44 +1.03% $0.00 4.31K Sep 17, 2024 Common Stock 44 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 September 17, 2024.
F4 The restricted stock units will vest in two remaining equal installments on August 11, 2025 and 2026, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.
F5 The restricted stock units will vest in three equal installments on August 5, 2025, 2026 and 2027, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.