Form 4 for WEN Wendy's Co
Accepted 2024-05-03 00:00:00 ET · period of report 2024-05-02 · accession 0001127602-24-014136 · 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 | 2024-05-03 | 2024-05-02 | WEN | Ajmani Deepak | Chief Ops Off. - U.S | M - OptEx | $8.22 | +27.3K | 35.0K | +352% | +$224.2K |
| D | 2024-05-03 | 2024-05-02 | WEN | Ajmani Deepak | Chief Ops Off. - U.S | F - Tax | $20.27 | -15.0K | 20.0K | -43% | -$304.3K |
| D | 2024-05-03 | 2024-05-02 | WEN | Ajmani Deepak | Chief Ops Off. - U.S | M - OptEx | $0.00 | -27.3K | 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 | 2024-05-02 | M | A | 27,277 | $8.22 | 35,016 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-02 | F | D | 15,013 | $20.27 | 20,003 | 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 the options, and does not represent a sale of any shares by Mr. Ajmani. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2024-05-02 | M | D | 27,277 | $0.00 | 0 | D | $8.22 · — to 2024-08-11 | 27,277 Common Stock | (F2) With tandem net exercise and tax withholding rights. (F3) The option vested in three equal installments on August 11, 2015, 2016 and 2017 and is currently exercisable as to all 27,277 shares. |