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Wendy's Co — Director's Dealing 2023
Jan 19, 2023
31695_dirs_2023-01-19_7eb782f1-f91f-41a0-96dd-7ec3d44e7be4.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: 2023-01-17
Reporting Person: Burnside Leigh A. (SVP, CAO & CFO US)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-17 | Common Stock | M | 26528 | $10.0875 | Acquired | 81545 | Direct |
| 2023-01-17 | Common Stock | M | 28005 | $15.355 | Acquired | 109550 | Direct |
| 2023-01-17 | Common Stock | M | 24244 | $18.515 | Acquired | 133794 | Direct |
| 2023-01-17 | Common Stock | M | 36724 | $19.71 | Acquired | 170518 | Direct |
| 2023-01-17 | Common Stock | F | 92437 | $23.10 | Disposed | 78081 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-17 | Employee Stock Option (Right to Buy) | $10.0875 | M | 26528 | Disposed | 2026-08-12 | Common Stock (26528) | Direct |
| 2023-01-17 | Employee Stock Option (Right to Buy) | $15.355 | M | 28005 | Disposed | 2027-08-11 | Common Stock (28005) | Direct |
| 2023-01-17 | Employee Stock Option (Right to Buy) | $18.515 | M | 24244 | Disposed | 2028-08-20 | Common Stock (24244) | Direct |
| 2023-01-17 | Employee Stock Option (Right to Buy) | $19.71 | M | 36724 | Disposed | 2029-08-09 | Common Stock (36724) | Direct |
Footnotes
F1: Represents the number of shares withheld by the Company to satisfy the exercise price and tax withholding obligations in connection with the net settlement of options, and does not represent a sale of any shares by Ms. Burnside.
F2: With tandem net exercise and tax withholding rights.
F3: The option vested in three equal installments on August 12, 2017, 2018 and 2019 and is currently exercisable as to all 26,528 shares.
F4: The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 28,005 shares.
F5: The option vested in three equal installments on August 20, 2019, 2020 and 2021 and is currently exercisable as to all 24,244 shares.
F6: The option vested in three equal installments on August 9, 2020, 2021 and 2022 and is currently exercisable as to all 36,724 shares.