SEC Form 4 · accession 0001225208-17-010751
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Levato
Director
Period of report
May 23, 2017
Accepted (ET)
Jun 1, 2017 · 5:47 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 30, 2017 | M | 8,000 | $15.36 | A | 23,905 | D | |
| Common Stock | May 30, 2017 | F | 7,567 | $16.24 | D | 16,338 | 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 UnitsF1,F2 | — | May 23, 2017 | A | 6,510 | A | — | — | Common Stock | 6,510 | 122,523 | D |
| Stock Option (right to buy)F3,F4 | $15.36 | May 30, 2017 | M | 8,000 | D | — | Jun 5, 2017 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2The restricted stock units will vest in full on the earlier of May 23, 2018 or the date of the Company's 2018 annual meeting of stockholders. Vested shares will be delivered upon Mr. Levato's termination as a director of the Company.
- F3With tandem net exercise and tax withholding rights.
- F4The option vested in two equal installments on June 5, 2008 and 2009.