SEC Form 4 · accession 0001225208-18-008946
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt A Kane
Officer — Chief Concept & Mktg Officer
Period of report
May 4, 2018
Accepted (ET)
May 8, 2018 · 5:44 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 | May 4, 2018 | M | 24,172 | $0.00 | A | 24,172 | D | |
| Common StockF1 | May 4, 2018 | M | 1,563 | $0.00 | A | 25,735 | D | |
| Common Stock | May 4, 2018 | F | 475 | $16.75 | D | 25,260 | D | |
| Common Stock | May 4, 2018 | F | 7,337 | $16.75 | D | 17,923 | 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 | — | May 4, 2018 | M | 1,563 | D | — | — | Common Stock | 1,563 | 40,681 | D |
| Restricted Stock UnitsF2,F1,F4 | — | May 4, 2018 | M | 24,172 | D | — | — | Common Stock | 24,172 | 16,509 | 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 May 4, 2018; accordingly, the dividend equivalent units vested in full immediately upon being issued on May 4, 2018.
- F4The restricted stock units were granted on May 4, 2015 and fully vested on May 4, 2018.