Form 4 for WEN Wendy's Co
Accepted 2023-08-15 00:00:00 ET · period of report 2023-03-03 · accession 0001127602-23-022609 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-15 | 2023-03-03 | WEN | Wunsch E.J. | Chief Legal Ofcr, Sec | J - Other | $0.00 | -2,926 | 52.8K | -5% | $0 |
| DM | 2023-08-15 | 2023-08-11 | WEN | Wunsch E.J. | Chief Legal Ofcr, Sec | A - Grant | $0.00 | +59.0K | 51.4K | New | $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 | 2023-03-03 | J | D | 2,926 | $0.00 | 52,791 | D | — | — | (F1) Since the date of the reporting person's last ownership report, the reporting person transferred 2,926 shares of the Company's common stock to his former spouse pursuant to a domestic relations order. Following this transfer, the reporting person held 52,791 shares of the Company's common stock. |
| 2 | Derivative | Restricted Stock Units | 2023-08-11 | A | A | 7,663 | $0.00 | 7,663 | D | — · — to — | 7,663 Common Stock | (F4) With tandem dividend equivalent rights and tax withholding rights. (F5) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F6) The restricted stock units will vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2023-08-11 | A | A | 51,357 | $0.00 | 51,357 | D | $21.53 · — to 2033-08-11 | 51,357 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F3) The option vests in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. |