Kane Kurt A 4
4 · Wendy's Co · Filed Jun 10, 2021
Insider Transaction Report
Form 4
Wendy's CoWEN
Kane Kurt A
Chief Concept Officer
Transactions
- Exercise/Conversion
Common Stock
2021-06-08$9.86/sh+153,886$1,516,931→ 256,038 total - Sale
Common Stock
2021-06-08$27.54/sh−153,886$4,238,374→ 102,152 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-06-08−153,886→ 0 totalExercise: $9.86Exp: 2025-08-07→ Common Stock (153,886 underlying)
Footnotes (3)
- [F1]The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.50 to $27.58 per share, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]With tandem net exercise and tax withholding rights.
- [F3]The option vested in three equal installments on August 7, 2016, 2017 and 2018, and is currently exercisable as to all 153,886 shares.