SEC Form 4 · accession 0001225208-17-010975
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Liliana Esposito
Officer — Chief Communications Officer
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 5:12 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 2, 2017 | M | 12,161 | $0.00 | A | 12,161 | D | |
| Common StockF1 | Jun 2, 2017 | M | 852 | $0.00 | A | 13,013 | D | |
| Common Stock | Jun 2, 2017 | F | 285 | $16.3525 | D | 12,728 | D | |
| Common Stock | Jun 2, 2017 | F | 4,056 | $16.3525 | D | 8,672 | 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 2, 2017 | M | 852 | D | — | — | Common Stock | 852 | 12,161 | D |
| Restricted Stock UnitsF2,F1,F4 | — | Jun 2, 2017 | M | 12,161 | D | — | — | Common Stock | 12,161 | 0 | 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 dividend equivalent units had accrued on restricted stock units that vested in full on June 2, 2017; accordingly, the dividend equivalent units vested in full immediately upon being issued on June 2, 2017.
- F4The restricted stock units were granted on June 2, 2014 and fully vested on June 2, 2017.