AI assistant
Wendy's Co — Director's Dealing 2019
May 16, 2019
31695_dirs_2019-05-16_3a8ebfc4-6def-44c3-82ce-3cb163475f32.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: 2019-05-14
Reporting Person: Wright Robert D. (EVP, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-14 | Common Stock | M | 237425.0000 | $9.8575 | Acquired | 237425.0000 | Direct |
| 2019-05-14 | Common Stock | M | 9346.0000 | $10.0875 | Acquired | 246771.0000 | Direct |
| 2019-05-14 | Common Stock | S | 246771.0000 | $18.5658 | Disposed | 0.0000 | Direct |
| 2019-05-15 | Common Stock | M | 156013.0000 | $10.0875 | Acquired | 156013.0000 | Direct |
| 2019-05-15 | Common Stock | M | 52009.0000 | $15.3550 | Acquired | 208022.0000 | Direct |
| 2019-05-15 | Common Stock | S | 208022.0000 | $18.6338 | Disposed | 0.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-14 | Employee Stock Option (right to buy) | $9.8575 | M | 237425.0000 | Disposed | 2025-08-07 | Common Stock (237425.0000) | Direct |
| 2019-05-14 | Employee Stock Option (right to buy) | $10.0875 | M | 9346.0000 | Disposed | 2026-08-12 | Common Stock (9346.0000) | Direct |
| 2019-05-15 | Employee Stock Option (right to buy) | $15.3550 | M | 52009.0000 | Disposed | 2027-08-11 | Common Stock (52009.0000) | Direct |
| 2019-05-15 | Employee Stock Option (right to buy) | $10.0875 | M | 156013.0000 | Disposed | 2026-08-12 | Common Stock (156013.0000) | Direct |
Footnotes
F1: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.68 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: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.725 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.
F3: With tandem net exercise and tax withholding rights.
F4: The option vested in full in three equal installments on August 7, 2016, 2017 and 2018 and is currently exercisable as to all 237,425 shares.
F5: The option vests in three equal installments on August 12, 2017, 2018 and 2019, subject to continued employment on the applicable vesting date. The first and second installments vested and the option is currently exercisable as to 165,359 shares.
F6: The option vests in three equal installments on August 11, 2018, 2019 and 2020, subject to continued employment on the applicable vesting date. The first installment vested and the option is currently exercisable as to 52,009 shares.