Form 4 for WEN Wendy's Co
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001127602-24-010644 · 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 | 2024-03-19 | 2024-03-15 | WEN | Spessard Matthew P | CIO | F - Tax | $18.33 | -17 | 2,705 | -0.6% | -$311.61 |
| D | 2024-03-19 | 2024-03-15 | WEN | Spessard Matthew P | CIO | M - OptEx | $0.00 | +55 | 2,722 | +2% | $0 |
| DM | 2024-03-19 | 2024-03-15 | WEN | Spessard Matthew P | CIO | A - Grant | $0.00 | +128 | 5,392 | +2% | $0 |
| D | 2024-03-19 | 2024-03-15 | WEN | Spessard Matthew P | CIO | M - OptEx | $0.00 | -55 | 5,319 | -1% | $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 | 2024-03-15 | F | D | 17 | $18.33 | 2,705 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-15 | M | A | 55 | $0.00 | 2,722 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 3 | Derivative | Restricted Stock Units | 2024-03-15 | A | A | 51 | $0.00 | 5,370 | D | — · — to — | 51 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F3) Represents dividend equivalent units issued on March 15, 2024. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F5) The restricted stock units will vest in full on August 13, 2024, subject to Mr. Spessard's continued employment the the Company on the vesting date. |
| 4 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 55 | $0.00 | 5,319 | D | — · — to — | 55 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F4) The dividend equivalent units had accrued on restricted stock units that vested in full on March 9, 2024; accordingly, the dividend equivalent units vested in full immediately upon being issued on March 15, 2024. |
| 5 | Derivative | Restricted Stock Units | 2024-03-15 | A | A | 55 | $0.00 | 5,374 | D | — · — to — | 55 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F3) Represents dividend equivalent units issued on March 15, 2024. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F4) The dividend equivalent units had accrued on restricted stock units that vested in full on March 9, 2024; accordingly, the dividend equivalent units vested in full immediately upon being issued on March 15, 2024. |
| 6 | Derivative | Restricted Stock Units | 2024-03-15 | A | A | 22 | $0.00 | 5,392 | D | — · — to — | 22 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F3) Represents dividend equivalent units issued on March 15, 2024. (F1) 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. Spessard's continued employment with The Company on the applicable vesting dates. |