SEC Form 4 · accession 0001225208-15-013493
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Allan Penegor
Officer — EVP, CFO & International
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 5:15 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 | Jun 3, 2015 | M | 75,389 | $0.00 | A | 118,824 | D | |
| Common Stock | Jun 3, 2015 | F | 28,202 | $11.5125 | D | 90,622 | 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 | — | Jun 3, 2015 | M | 75,389 | D | — | — | Common Stock | 75,389 | 192,837 | 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 June 3, 2013 and vest 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 June 3, 2014 and 2015, respectively. The third installment (including the related dividend equivalent units) will vest on June 3, 2016, subject to Mr. Penegor's continued employment with the Company on the applicable vesting date.