Liliana Esposito - 17 Sep 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
17 Sep 2024
Net transactions value
$0
Form type
4
Filing time
19 Sep 2024, 17:01:20 UTC
Previous filing
13 Aug 2024
Next filing
07 Nov 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 +43 +0.47% $0.000000 9,169 17 Sep 2024 Common Stock 43 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +85 +0.93% $0.000000 9,254 17 Sep 2024 Common Stock 85 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 Ms. Esposito'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 Ms. Esposito's continued employment with the Company on the applicable vesting date.