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Wendy's Co — Director's Dealing 2024
Mar 19, 2024
31695_dirs_2024-03-19_0005bc89-a164-4fb5-9026-980872fd19a1.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: 2024-03-15
Reporting Person: Spessard Matthew P (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 55 | — | Acquired | 2722 | Direct |
| 2024-03-15 | Common Stock | F | 17 | $18.33 | Disposed | 2705 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Units | $ | A | 55 | Acquired | Common Stock (55) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | M | 55 | Disposed | Common Stock (55) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | A | 51 | Acquired | Common Stock (51) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | A | 22 | Acquired | Common Stock (22) | 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 dividend equivalent units issued on March 15, 2024.
F4: The dividend equivalent units had accrued on restricted stock units that vested in full on March 9, 2024; accordingly, the dividend equivalent units vested in full immediately upon being issued on March 15, 2024.
F5: The restricted stock units will vest in full on August 13, 2024, subject to Mr. Spessard's continued employment the the Company on the vesting date.
F6: The restricted stock units will vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Spessard's continued employment with The Company on the applicable vesting dates.