SEC Form 4 · accession 0001225208-16-033990
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ii David E Schwab
Director
Period of report
May 23, 2016
Accepted (ET)
May 25, 2016 · 4:37 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 Stock | May 23, 2016 | M | 8,000 | $5.24 | A | 79,235 | D | |
| Common Stock | May 23, 2016 | M | 4,000 | $5.20 | A | 83,235 | D | |
| Common Stock | May 23, 2016 | F | 2,046 | $10.1675 | D | 81,189 | D | |
| Common Stock | May 23, 2016 | F | 4,123 | $10.1675 | D | 77,066 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $5.20 | May 23, 2016 | M | 4,000 | D | — | Sep 15, 2018 | Common Stock | 4,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $5.24 | May 23, 2016 | M | 8,000 | D | — | Sep 15, 2018 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1With tandem net exercise and tax withholding rights.
- F2The options vested in two equal installments on September 15, 2009 and September 15, 2010.