Gunther Plosch - Jun 8, 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Financial Officer
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Jun 8, 2021
Transactions value $
-$1,971,871
Form type
4
Date filed
6/10/2021, 05:06 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Sale -$492K -18K -13.52% $27.29 115K Jun 8, 2021 Direct F1
transaction WEN Common Stock Options Exercise $1.9M +124K +107.58% $15.36 239K Jun 8, 2021 Direct
transaction WEN Common Stock Sale -$3.38M -124K -51.83% $27.29 115K Jun 8, 2021 Direct F1

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 Employee Stock Option (Right to Buy) Options Exercise $0 -124K -100% $0.00* 0 Jun 8, 2021 Common Stock 124K $15.36 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2021.
F2 With tandem net exercise and tax withholding rights.
F3 The option vested in three equal installments on August 11, 2018, 2019 and 2020, and is currently exercisable as to all 124,023 shares.