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Wendy's Co Director's Dealing 2019

Nov 28, 2019

31695_dirs_2019-11-27_a0f9cd56-0fa0-4bc4-a576-6de9e8d0828e.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: 2019-11-25

Reporting Person: Penegor Todd Allan (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-25 Common Stock M 218153.0000 $7.9225 Acquired 685029.0000 Direct
2019-11-25 Common Stock M 65580.0000 $5.9050 Acquired 750609.0000 Direct
2019-11-25 Common Stock S 283733.0000 $21.3422 Disposed 466876.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-25 Employee Stock Option (right to buy) $5.9050 M 65580.0000 Disposed 2023-06-03 Common Stock (65580.0000) Direct
2019-11-25 Employee Stock Option (right to buy) $7.9225 M 218153.0000 Disposed 2023-08-09 Common Stock (218153.0000) Direct

Footnotes

F1: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.185 to $21.55 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.

F2: With tandem net exercise and tax withholding rights.

F3: The option vested in three equal installments on June 3, 2014, 2015 and 2016, and is currently exercisable as to all 65,580 shares.

F4: The option vested in three equal installments on August 9, 2014, 2015 and 2016, and is currently exercisable as to all 218,153 shares.