Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001225208-19-013237
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-10-07 16:49:27
Reporting Period:
2019-10-03
Accepted Time:
2019-10-07 16:49:27
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
1685884 E.j. Wunsch C/o The Wendy's Company
One Dave Thomas Boulevard
Dublin OH 43017
Chief Legal Ofcr & Secretary 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 2019-10-03 23,207 $0.00 52,449 No 4 M Direct
Common Stock Acquisiton 2019-10-03 1,418 $0.00 53,867 No 4 M Direct
Common Stock Disposition 2019-10-03 424 $20.12 53,443 No 4 F Direct
Common Stock Disposition 2019-10-03 6,928 $20.12 46,515 No 4 F Direct
Common Stock Disposition 2019-10-04 3,694 $20.51 42,821 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2019-10-03 1,418 $0.00 1,418 $0.00
Common Stock Restricted Stock Units Disposition 2019-10-03 23,207 $0.00 23,207 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
23,207 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
  2. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.25 to $20.695 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.
  4. With tandem dividend equivalent rights and tax withholding rights.
  5. Represents dividend equivalent units that had accrued on the restricted stock units that vested on October 3, 2019; accordingly, the dividend equivalent units vested in full immediately upon being issued on October 3, 2019.
  6. The restricted stock units were granted on October 3, 2016 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first and second installments (including the related dividend equivalent units) vested on October 3, 2017 and 2018, respectively. The third installment (including the related dividend equivalent units) vested on October 3, 2019.