SEC Form 4 · accession 0001225208-17-004622
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Hill
Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 7:49 pm EST
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 | Feb 22, 2017 | M | 45,000 | $5.90 | A | 230,538 | D | |
| Common StockF1 | Feb 22, 2017 | F | 19,222 | $13.8125 | D | 211,316 | 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)F2,F3 | $5.90 | Feb 22, 2017 | M | 45,000 | D | — | Sep 29, 2018 | Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1The total number of shares of Common Stock owned by Ms. Hill increased by 25,778 shares as a result of the option exercise transaction reported on this Form 4.
- F2With tandem dividend equivalent rights and tax withholding rights.
- F3The option vested in two equal installments on Sepctmber 29, 2009 and 2010.