KENNETH W. GILBERT - 17 Sep 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Director
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
17 Sep 2024
Transactions value $
$0
Form type
4
Filing time
19 Sep 2024, 16:53:35 UTC
Previous filing
20 Jun 2024
Next filing
02 Dec 2024
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 +99 +0.61% $0.00 16.4K 17 Sep 2024 Common Stock 99 Direct F1, F2, F3
transaction WEN Restricted Stock Units Award $0 +130 +0.79% $0.00 16.5K 17 Sep 2024 Common Stock 130 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 Represents dividend equivalent units issued on September 17, 2024.
F3 The restricted stock units vested in full on May 16, 2024. Vested shares will be delivered upon Mr. Gilbert's termination as a director of the Company.
F4 The restricted stock units will vest in full on the earlier of May 21, 2025 or the date of the Company's 2025 annual meeting of stockholders. Vested shares will be delivered upon Mr. Gilbert's termination as a director of the Company.