Leigh A. Burnside - 17 Jan 2023 Form 4 Insider Report for Wendy's Co (WEN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jan 2023, 16:13:30 UTC
Prior SEC filing
14 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael G. Berner, Attorney-in-Fact

Key filing fact

Leigh A. Burnside filed Form 4 for Wendy's Co (WEN) on 19 Jan 2023.

Key facts

  • This page summarizes Leigh A. Burnside's Form 4 filing for Wendy's Co (WEN).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2023, 16:13.

Change

  • Previous filing in this sequence was filed on 14 Feb 2023.
  • Current net transaction value: -$264,969.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEN transaction

Common Stock

Options Exercise

Transaction value
$267,601
Shares
+26,528
Change %
+48%
Price
$10.09
Shares after
81,545
Date
17 Jan 2023
Ownership
Direct
WEN transaction

Common Stock

Options Exercise

Transaction value
$430,017
Shares
+28,005
Change %
+34%
Price
$15.36
Shares after
109,550
Date
17 Jan 2023
Ownership
Direct
WEN transaction

Common Stock

Options Exercise

Transaction value
$448,878
Shares
+24,244
Change %
+22%
Price
$18.52
Shares after
133,794
Date
17 Jan 2023
Ownership
Direct
WEN transaction

Common Stock

Options Exercise

Transaction value
$723,830
Shares
+36,724
Change %
+27%
Price
$19.71
Shares after
170,518
Date
17 Jan 2023
Ownership
Direct
WEN transaction

Common Stock

Tax liability

Transaction value
$2,135,295
Shares
-92,437
Change %
-54%
Price
$23.10
Shares after
78,081
Date
17 Jan 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WEN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-26,528
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,528
Exercise price
$10.09
Footnotes
F2, F3
WEN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-28,005
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
28,005
Exercise price
$15.36
Footnotes
F2, F4
WEN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-24,244
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,244
Exercise price
$18.52
Footnotes
F2, F5
WEN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-36,724
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,724
Exercise price
$19.71
Footnotes
F2, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents the number of shares withheld by the Company to satisfy the exercise price and tax withholding obligations in connection with the net settlement of options, and does not represent a sale of any shares by Ms. Burnside.

Footnote F2

With tandem net exercise and tax withholding rights.

Footnote F3

The option vested in three equal installments on August 12, 2017, 2018 and 2019 and is currently exercisable as to all 26,528 shares.

Footnote F4

The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 28,005 shares.

Footnote F5

The option vested in three equal installments on August 20, 2019, 2020 and 2021 and is currently exercisable as to all 24,244 shares.

Footnote F6

The option vested in three equal installments on August 9, 2020, 2021 and 2022 and is currently exercisable as to all 36,724 shares.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .