Abigail E. Pringle - 12 Aug 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role
Pres Intl & Chf Developmnt Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
12 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 17:51:16 UTC
Previous filing
16 Jun 2022
Next filing
19 Sep 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 +97,969 $0.000000 97,969 12 Aug 2022 Common Stock 97,969 $21.40 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 12, 2023, 2024 and 2025, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.