SEC Form 4 · accession 0001225208-16-034679
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Allan Penegor
Officer — President & CEO
Period of report
Jun 3, 2016
Accepted (ET)
Jun 7, 2016 · 4:31 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, 2016 | M | 77,484 | $0.00 | A | 234,088 | D | |
| Common Stock | Jun 3, 2016 | F | 36,767 | $10.22 | D | 197,321 | 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, 2016 | M | 77,484 | D | — | — | Common Stock | 77,484 | 120,124 | 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 vested in three equal installments on the first, second and third anniversaries of the grant date.