SEC Form 4 · accession 0001225208-18-016926
Wendy's Co · WEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D. Wright
Officer — EVP, COO & International
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 6:07 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 StockF1 | Dec 17, 2018 | M | 58,428 | $0.00 | A | 106,895 | D | |
| Common StockF1 | Dec 17, 2018 | M | 5,025 | $0.00 | A | 111,920 | D | |
| Common Stock | Dec 17, 2018 | F | 2,254 | $16.545 | D | 109,666 | D | |
| Common Stock | Dec 17, 2018 | F | 26,205 | $16.545 | D | 83,461 | 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,F3,F1,F4 | — | Dec 17, 2018 | A | 324 | A | — | — | Common Stock | 324 | 63,453 | D |
| Restricted Stock UnitsF2,F1,F4 | — | Dec 17, 2018 | M | 5,025 | D | — | — | Common Stock | 5,025 | 58,428 | D |
| Restricted Stock UnitsF2,F1,F5 | — | Dec 17, 2018 | M | 58,428 | D | — | — | Common Stock | 58,428 | 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.
- F3Represents dividend equivalent units issued on December 17, 2018.
- F4The dividend equivalent units had accrued on restricted stock units that vested in full on December 17, 2018; accordingly, the dividend equivalent units vested in full immediately upon being issued on December 17, 2018.
- F5The restricted stock units were granted on December 17, 2014 and fully vested on December 17, 2018.