E.J. Wunsch - 13 Aug 2021 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Legal Ofcr & Secretary
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 18:01:16 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WEN Employee Stock Option (Right to Buy) Award $0 +53,698 $0.000000 53,698 13 Aug 2021 Common Stock 53,698 $23.70 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem net exercise and tax withholding rights.
F2 The option vests in three equal installments on August 13, 2022, 2023 and 2024, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.