Wendy's Co — Director's Dealing 2007

Jan 23, 2007

SEC Form 4/A — Form 4/A

Issuer: TRIARC COMPANIES INC (TRY;TRY.B)
CIK: 0000030697
Period of Report: 2006-12-21

Reporting Person: MCCARRON FRANCIS T (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-21	Class B Common Stock, Series 1	M	215000	—	Acquired	331485	Direct
2006-12-21	Class B Common Stock, Series 1	F	184654	$19.5500	Disposed	146831	Direct

Footnotes

F1: As a result of the special extraordinary cash dividends paid in 2006, on December 14, 2006, the Compensation Committee and the Performance Compensation Committee of the Board of Directors of Triarc determined to reduce the exercise price of each stock option that was granted after August 21, 2003 by $0.15 for each option outstanding at the opening of the market on each of February 15, 2006, June 29, 2006 and December 1, 2006, aggregating $0.45 per share. Accordingly, the reported exercise price of this stock option was reduced by $.45 per share to $14.64 per share.

F2: 184,654 shares of Class B Common Stock, Series 1 were withheld from the shares issued upon exercise of the stock option reported herein at a price per share equal to the closing price of such Class B Common Stock, Series 1, on December 21, 2006, to satisfy the exercise prices and tax withholding obligations in connection with such stock option exercises.