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Wendy's Co Director's Dealing 2017

Oct 6, 2017

31695_dirs_2017-10-05_c94986d2-48bb-45af-a680-0e9af043d6f7.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: 2017-10-03

Reporting Person: Wunsch E.J. (Chief Legal Officer, Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-10-03 Common Stock M 23207.0000 Acquired 23207.0000 Direct
2017-10-03 Common Stock M 443.0000 Acquired 23650.0000 Direct
2017-10-03 Common Stock F 146.0000 $15.3550 Disposed 23504.0000 Direct
2017-10-03 Common Stock F 7624.0000 $15.3550 Disposed 15880.0000 Direct
2017-10-04 Common Stock S 3548.0000 $15.4274 Disposed 12332.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-10-03 Restricted Stock Units $ M 443.0000 Disposed Common Stock (443.0000) Direct
2017-10-03 Restricted Stock Units $ M 23207.0000 Disposed Common Stock (23207.0000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

F2: The sales reported were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F3: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.36 to $15.54 per share, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: With tandem dividend equivalent rights and tax withholding rights.

F5: The dividend equivalent units had accrued on restricted stock units that vested in full on October 3, 2017; accordingly, the dividend equivalent units vested in full immediately upon being issued on October 3, 2017.

F6: The restricted stock units vested were granted on October 3, 2016 and fully vested on October 3, 2017.