Wendy's Co — Director's Dealing 2003

Aug 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIARC COMPANIES INC ((TRY))
CIK: 0000030697
Period of Report: 2003-08-19

Reporting Person: TROUBH RAYMOND S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-19	Class A Common Stock	M	2400	$12.6250	Acquired	22400	Direct
2003-08-19	Class A Common Stock	S	2400	$31.2242	Disposed	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-19	Stock Option (right to buy)	$12.625	M	2400	Disposed	2006-06-06	Class A Common Stock (2400)	Direct

Footnotes

F1: With tandem tax witholding rights.

F2: The option vested in two equal installments on June 6, 1997 and 1998.