Loredo Juan Carlos 4
4 · Wendy's Co · Filed Aug 15, 2023
Insider Transaction Report
Form 4
Wendy's CoWEN
Loredo Juan Carlos
Global Chief Marketing Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2023-08-11+23,344→ 23,344 totalExercise: $21.53Exp: 2033-08-11→ Common Stock (23,344 underlying) - Award
Restricted Stock Units
2023-08-11+3,483→ 18,033 total→ Common Stock (3,483 underlying)
Footnotes (5)
- [F1]With tandem net exercise and tax withholding rights.
- [F2]The option vests in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Loredo's continued employment with the Company on the applicable vesting date.
- [F3]With tandem dividend equivalent rights and tax withholding rights.
- [F4]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 three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Loredo's continued employment with the Company on the applicable vesting date.