Abigail E. Pringle - 15 Sep 2023 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
15 Sep 2023
Transactions value $
$0
Form type
4
Filing time
19 Sep 2023, 18:26:13
Previous filing
15 Aug 2023
Next filing
19 Dec 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 Restricted Stock Units Award $0 +289 +0.83% $0.00 35K 15 Sep 2023 Common Stock 289 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +142 +0.41% $0.00 35.2K 15 Sep 2023 Common Stock 142 Direct F1, F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem dividend equivalent rights and tax withholding rights.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3 Represents dividend equivalent units issued on September 15, 2023.
F4 The restricted stock units will vest in full on February 19, 2024, subject to Ms. Pringle's continued employment with the Company on the vesting date.
F5 The restricted stock units will vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.