Suzanne M. Thuerk - Dec 16, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Accounting Officer
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Dec 16, 2024
Transactions value $
$0
Form type
4
Date filed
12/18/2024, 05:30 PM
Previous filing
Sep 19, 2024
Next filing
Dec 19, 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 +57 +0.88% $0.00 6.51K Dec 16, 2024 Common Stock 57 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +11 +0.17% $0.00 6.52K Dec 16, 2024 Common Stock 11 Direct F1, F2, F3, F5
transaction WEN Restricted Stock Units Award $0 +27 +0.41% $0.00 6.55K Dec 16, 2024 Common Stock 27 Direct F1, F2, F3, 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 Represents dividend equivalent units issued on December 16, 2024.
F4 The restricted stock units will vest in full on August 12, 2025, subject to Ms. Thuerk's continued employment with the Company on the vesting date.
F5 The restricted stock units will vest in two remaining equal installments on August 11, 2025 and 2026, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
F6 The restricted stock units will vest in three equal installments on August 5, 2025, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.