AI assistant
Wendy's Co — Director's Dealing 2003
Nov 26, 2003
31695_dirs_2003-11-26_0c88f878-5553-4f6b-9521-a6a119942038.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRIARC COMPANIES INC (TRY / TRYB)
CIK: 0000030697
Period of Report: 2003-11-24
Reporting Person: LEVATO JOSEPH A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2003-11-24 | Class A Common Stock | M | 5500 | — | Acquired | 30000 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | M | 11000 | — | Acquired | 11000 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 400 | $11.3 | Disposed | 10600 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.31 | Disposed | 10400 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.34 | Disposed | 10200 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 500 | $11.35 | Disposed | 9700 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 800 | $11.36 | Disposed | 8900 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 100 | $11.37 | Disposed | 8800 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 100 | $11.38 | Disposed | 8700 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 1900 | $11.39 | Disposed | 6800 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 1300 | $11.4 | Disposed | 5500 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 900 | $11.41 | Disposed | 4600 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.42 | Disposed | 4400 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.44 | Disposed | 4200 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 2100 | $11.45 | Disposed | 2100 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.48 | Disposed | 1900 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 900 | $11.5 | Disposed | 1000 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 100 | $11.51 | Disposed | 900 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 700 | $11.55 | Disposed | 700 | Direct |
| 2003-11-24 | Class B Common Stock, Series 1 | S | 200 | $11.6 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2003-11-24 | Employee Stock Option (right to buy) | $21 | M | 5500 | Disposed | 2004-03-01 | Class A Common Stock (5500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 24500 | Direct |
Footnotes
F1: On August 11, 2003, Triarc Companies, Inc. (Triarc) declared a stock dividend, payable to all holders of record of Class A Common Stock on August 21, 2003, of two shares of Class B Common Stock, Series 1 for each share of Class A Common Stock outstanding. As a result of the stock dividend, each outstanding option granted under Triarc's 1993 Equity Participation Plan was adjusted so that each such option outstanding as of August 21, 2003, became exercisable for both one share of Class A Common and two shares of Class B Common Stock, Series 1.
F2: This employee stock option was previously reported as an option for 30,000 shares of Class A Common Stock at an exercise price of $21.00 per share, but was adjusted to reflect the stock dividend referred to in note (1) above. As a result of the stock dividend, the option also entitled the reporting person to receive, upon exercise, 60,000 shares of Class B Common Stock, Series 1 for no additional consideration.
F3: With tandem tax withholding rights.
F4: The option vested in three equal installments on March 1, 1995, 1996 and 1997.