Todd Penegor - 12 Aug 2022 Form 4 Insider Report for Wendy's Co (WEN)

Role
President & CEO, Director
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
12 Aug 2022
Transactions value $
$0
Form type
4
Filing time
16 Aug 2022, 17:56:52 UTC
Previous filing
29 Apr 2022
Next filing
02 Mar 2023
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 +332K $0.00 332K 12 Aug 2022 Common Stock 332K $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 Mr. Penegor's continued employment with the Company on the applicable vesting date.