AI assistant
Wendy's Co — Director's Dealing 2019
Oct 7, 2019
31695_dirs_2019-10-07_04a67b4b-a200-45f3-93d2-62b25bf9df16.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wendy's Co (WEN)
CIK: 0000030697
Period of Report: 2019-10-03
Reporting Person: Wunsch E.J. (Chief Legal Ofcr & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-03 | Common Stock | M | 23207.0000 | — | Acquired | 52449.0000 | Direct |
| 2019-10-03 | Common Stock | M | 1418.0000 | — | Acquired | 53867.0000 | Direct |
| 2019-10-03 | Common Stock | F | 424.0000 | $20.1225 | Disposed | 53443.0000 | Direct |
| 2019-10-03 | Common Stock | F | 6928.0000 | $20.1225 | Disposed | 46515.0000 | Direct |
| 2019-10-04 | Common Stock | S | 3694.0000 | $20.5112 | Disposed | 42821.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-03 | Restricted Stock Units | $ | M | 1418.0000 | Disposed | Common Stock (1418.0000) | Direct | |
| 2019-10-03 | 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 adopted by the reporting person.
F3: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.25 to $20.695 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: Represents dividend equivalent units that had accrued on the restricted stock units that vested on October 3, 2019; accordingly, the dividend equivalent units vested in full immediately upon being issued on October 3, 2019.
F6: The restricted stock units were granted on October 3, 2016 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first and second installments (including the related dividend equivalent units) vested on October 3, 2017 and 2018, respectively. The third installment (including the related dividend equivalent units) vested on October 3, 2019.