Kirk Tanner - 16 Dec 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
President & CEO, Director
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
16 Dec 2024
Net transactions value
$0
Form type
4
Filing time
18 Dec 2024, 17:43:42 UTC
Previous filing
19 Sep 2024
Next filing
25 Feb 2025
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 +5,157 +1.3% $0.000000 408,176 16 Dec 2024 Common Stock 5,157 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +809 +0.2% $0.000000 408,985 16 Dec 2024 Common Stock 809 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 December 16, 2024.
F4 The restricted stock units will vest in full in three equal installments on February 22, 2025, 2026 and 2027, subject to Mr. Tanner'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. Tanner's continued employment with the Company on the applicable vesting date.