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Wendy's Co — Director's Dealing 2020
Dec 9, 2020
31695_dirs_2020-12-09_03cca3ff-8ab7-469a-9872-3f04397bdc09.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: 2020-12-08
Reporting Person: Pringle Abigail E. (Pres Intl & Chf Developmnt Ofc)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-08 | Common Stock | M | 59722 | $4.675 | Acquired | 171710 | Direct |
| 2020-12-08 | Common Stock | M | 52816 | $7.9225 | Acquired | 224526 | Direct |
| 2020-12-08 | Common Stock | M | 72285 | $8.2225 | Acquired | 296811 | Direct |
| 2020-12-08 | Common Stock | S | 184823 | $21.9896 | Disposed | 111988 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-08 | Employee Stock Option (Right to Buy) | $4.675 | M | 59722 | Disposed | 2022-07-02 | Common Stock (59722) | Direct |
| 2020-12-08 | Employee Stock Option (Right to Buy) | $7.9225 | M | 52816 | Disposed | 2023-08-09 | Common Stock (52816) | Direct |
| 2020-12-08 | Employee Stock Option (Right to Buy) | $8.2225 | M | 72285 | Disposed | 2024-08-11 | Common Stock (72285) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9253 | Indirect |
Footnotes
F1: The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.825 to $22.17 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 July 2, 2013, 2014 and 2015, and is currently exercisable as to all 59,722 shares.
F4: The option vests in three equal installments on August 9, 2014, 2015 and 2016, and is currently exercisable as to all 52,816 shares.
F5: The option vested in three equal installments on August 11, 2015, 2016 and 2017, and is currently exercisable as to all 72,285 shares.