SEC Form 4 · accession 0001225208-15-009324
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrell van Ligten
Officer — President - International
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000030697
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2015 | M | 486 | $0.00 | A | 74,633 | D | |
| Common Stock | Mar 31, 2015 | F | 163 | $10.98 | D | 74,470 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Mar 31, 2015 | M | 486 | D | — | — | Common Stock | 486 | 974 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2With tandem dividend equivalent rights and tax withholding rights.
- F3The restricted stock units were granted on March 31, 2014 and vest in three equal installments on the first, second and third anniversaries of the grant date. The first installment (including the related dividend equivalent units) vested on March 31, 2015. The second and third installments (including the related dividend equivalent units) will vest on March 31, 2016 and 2017, respectively, subject to Mr. van Ligten's continued employment with the Company on the applicable vesting date.