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Wendy's Co — Director's Dealing 2017
Dec 20, 2017
31695_dirs_2017-12-19_1a837260-f724-4d7d-b4fe-7510a19e1514.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wendy's Co (WEN)
CIK: 0000030697
Period of Report: 2017-12-15
Reporting Person: Wright Robert D. (EVP, COO & International)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-17 | Common Stock | M | 58428.0000 | — | Acquired | 71296.0000 | Direct |
| 2017-12-17 | Common Stock | M | 3783.0000 | — | Acquired | 75079.0000 | Direct |
| 2017-12-17 | Common Stock | F | 1874.0000 | $15.5525 | Disposed | 73205.0000 | Direct |
| 2017-12-17 | Common Stock | F | 28930.0000 | $15.5525 | Disposed | 44275.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-15 | Restricted Stock Units | $ | A | 557.0000 | Acquired | Common Stock (557.0000) | Direct | |
| 2017-12-17 | Restricted Stock Units | $ | M | 3783.0000 | Disposed | Common Stock (3783.0000) | Direct | |
| 2017-12-17 | Restricted Stock Units | $ | M | 58428.0000 | Disposed | Common Stock (58428.0000) | Direct |
Footnotes
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: Represents dividend equivalent units issued on December 15, 2017.
F4: The restricted stock units vest in two equal installments on December 17, 2017 and December 17, 2018, respectively, subject to Mr. Wright's continued employment with the Company on the applicable vesting date.
F5: The dividend equivalent units had accrued on restricted stock units that vested in full on December 17, 2017; accordingly, the dividend equivalent units vested in full immediately upon being issued on December 17, 2017.
F6: The restricted stock units were granted on December 17, 2014 and vest in The restricted stock units were granted on December 17, 2014 and vest in two equal installments on the third and fourth anniversaries of the grant date. The first installment of 58,428 shares (which does not include the related dividend equivalent units referenced by footnote (5)) vested in full on December 17, 2017. The second installment of 58,428 shares (including the related dividend equivalent units) will vest on December 17, 2018, subject to Mr. Wright's continued employment with the Company on the applicable vesting date.
F7: The restricted stock units were granted on December 17, 2014 and vest in two equal installments on the third and fourth anniversaries of the grant date. The first installment of 58,428 shares (which does not include the related dividend equivalent units referenced by footnote (5)) vested in full on December 17, 2017. The second installment of 58,428 shares (including the related dividend equivalent units) will vest on December 17, 2018, subject to Mr. Wright's continued employment with the Company on the applicable vesting date.