Wendy's Co — Director's Dealing 2003

Nov 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIARC COMPANIES INC ((TRY))
CIK: 0000030697
Period of Report: 2003-11-20

Reporting Person: GARDEN EDWARD P (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-20	Employee Stock Option (right to buy)	$11.2500	A	150000	Acquired	2013-11-20	Class B Common Stock, Series 1 (150000)	Direct

Footnotes

F1: With tandem tax withholding rights.

F2: The option vests in three equal installments on November 20, 2004, 2005 and 2006.