Wendy's Co — Director's Dealing 2019

May 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Wendy's Co (WEN)
CIK: 0000030697
Period of Report: 2019-05-02

Reporting Person: Plosch Gunther (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-02	Common Stock	M	87719	—	Acquired	112719	Direct
2019-05-02	Common Stock	M	5505	—	Acquired	118224	Direct
2019-05-02	Common Stock	F	1644	$18.49	Disposed	116580	Direct
2019-05-02	Common Stock	F	34900	$18.49	Disposed	81680	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-02	Restricted Stock Units	$	M	5505	Disposed		Common Stock (5505)	Direct
2019-05-02	Restricted Stock Units	$	M	87719	Disposed		Common Stock (87719)	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 the dividend equivalent units that had accrued on the restricted stock units that vested in full on May 2, 2019; accordingly, the dividend equivalent units vested in full immediately upon being issued on May 2, 2019.

F4: The restricted stock units were granted on May 2, 2016 and fully vested on May 2, 2019.