Filing Details
- Accession Number:
- 0001225208-19-008126
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-16 16:39:02
- Reporting Period:
- 2019-05-14
- Accepted Time:
- 2019-05-16 16:39:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 30697 | Wendy's Co | WEN | Retail-Eating & Drinking Places (5810) | 380471180 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1593559 | D. Robert Wright | C/O The Wendy'S Company One Dave Thomas Boulevard Dublin OH 43017 | Evp, Coo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-05-14 | 237,425 | $9.86 | 237,425 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-05-14 | 9,346 | $10.09 | 246,771 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-05-14 | 246,771 | $18.57 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-05-15 | 156,013 | $10.09 | 156,013 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-05-15 | 52,009 | $15.36 | 208,022 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-05-15 | 208,022 | $18.63 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-05-14 | 237,425 | $0.00 | 237,425 | $9.86 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-05-14 | 9,346 | $0.00 | 9,346 | $10.09 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-05-15 | 52,009 | $0.00 | 52,009 | $15.36 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-05-15 | 156,013 | $0.00 | 156,013 | $10.09 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-08-07 | No | 4 | M | Direct | |
| 238,693 | 2026-08-12 | No | 4 | M | Direct | |
| 104,020 | 2027-08-11 | No | 4 | M | Direct | |
| 82,680 | 2026-08-12 | No | 4 | M | Direct |
Footnotes
- The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.68 per share, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.725 per share, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- With tandem net exercise and tax withholding rights.
- The option vested in full in three equal installments on August 7, 2016, 2017 and 2018 and is currently exercisable as to all 237,425 shares.
- The option vests in three equal installments on August 12, 2017, 2018 and 2019, subject to continued employment on the applicable vesting date. The first and second installments vested and the option is currently exercisable as to 165,359 shares.
- The option vests in three equal installments on August 11, 2018, 2019 and 2020, subject to continued employment on the applicable vesting date. The first installment vested and the option is currently exercisable as to 52,009 shares.
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