Matthew P. Spessard - Aug 13, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Aug 13, 2024
Transactions value $
-$19,004
Form type
4
Date filed
8/15/2024, 05:01 PM
Previous filing
Aug 13, 2024
Next filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +3.82K +123.5% $0.00 6.91K Aug 13, 2024 Direct F1
transaction WEN Common Stock Tax liability -$19K -1.11K -16.09% $17.09 5.8K Aug 13, 2024 Direct

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 Options Exercise $0 -3.82K -47.35% $0.00 4.25K Aug 13, 2024 Common Stock 3.82K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Includes 164 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on August 13, 2021 and fully vested on August 13, 2024.