Form 4 for WEN Wendy's Co
Accepted 2023-01-19 00:00:00 ET · period of report 2023-01-17 · accession 0001127602-23-001827 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-01-19 | 2023-01-17 | WEN | Burnside Leigh A. | SVP, CAO, CFO US | M - OptEx | $16.20 | +115.5K | 133.8K | +631% | +$1.87M |
| D | 2023-01-19 | 2023-01-17 | WEN | Burnside Leigh A. | SVP, CAO, CFO US | F - Tax | $23.10 | -92.4K | 78.1K | -54% | -$2.14M |
| DM | 2023-01-19 | 2023-01-17 | WEN | Burnside Leigh A. | SVP, CAO, CFO US | M - OptEx | $0.00 | -115.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-17 | M | A | 26,528 | $10.09 | 81,545 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-17 | M | A | 28,005 | $15.36 | 109,550 | D | — | — | |
| 3 | Common | Common Stock | 2023-01-17 | F | D | 92,437 | $23.10 | 78,081 | D | — | — | (F1) Represents the number of shares withheld by the Company to satisfy the exercise price and tax withholding obligations in connection with the net settlement of options, and does not represent a sale of any shares by Ms. Burnside. |
| 4 | Common | Common Stock | 2023-01-17 | M | A | 36,724 | $19.71 | 170,518 | D | — | — | |
| 5 | Common | Common Stock | 2023-01-17 | M | A | 24,244 | $18.52 | 133,794 | D | — | — | |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2023-01-17 | M | D | 26,528 | $0.00 | 0 | D | $10.09 · — to 2026-08-12 | 26,528 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F3) The option vested in three equal installments on August 12, 2017, 2018 and 2019 and is currently exercisable as to all 26,528 shares. |
| 7 | Derivative | Employee Stock Option (Right to Buy) | 2023-01-17 | M | D | 28,005 | $0.00 | 0 | D | $15.36 · — to 2027-08-11 | 28,005 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F4) The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 28,005 shares. |
| 8 | Derivative | Employee Stock Option (Right to Buy) | 2023-01-17 | M | D | 24,244 | $0.00 | 0 | D | $18.52 · — to 2028-08-20 | 24,244 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F5) The option vested in three equal installments on August 20, 2019, 2020 and 2021 and is currently exercisable as to all 24,244 shares. |
| 9 | Derivative | Employee Stock Option (Right to Buy) | 2023-01-17 | M | D | 36,724 | $0.00 | 0 | D | $19.71 · — to 2029-08-09 | 36,724 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F6) The option vested in three equal installments on August 9, 2020, 2021 and 2022 and is currently exercisable as to all 36,724 shares. |