Filing Details

Accession Number:
0001209191-18-014198
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-27 18:35:29
Reporting Period:
2018-02-26
Accepted Time:
2018-02-27 18:35:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
30697 Wendy's Co WEN Retail-Eating & Drinking Places (5810) 380471180
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1661127 H. Matthew Peltz 280 Park Avenue
New York NY 10017
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-02-26 5,000,000 $16.50 34,035,921 No 4 S Indirect By Trian Partners
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trian Partners
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 31,815 Direct
Common Stock 195,430 Indirect By Peltz Family Foundation
Common Stock 132,397 Indirect By Peltz 2009 Family Trust
Footnotes
  1. Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Fund-G II L.P., Trian Partners Strategic Fund-G III, L.P., Trian Partners Strategic Fund-K, L.P., and Trian Partners Strategic Fund-C, Ltd. (collectively, the "Trian Funds"), and as such determines the investment and voting decisions of the Trian Funds with respect to the shares of the Issuer held by them. Mr. Peltz is a limited partner in Trian Management, a member of Trian Fund Management GP, LLC, the general partner of Trian Management, and a limited partner of certain affiliates of the Trian Funds, and as such has an indirect interest in the shares of the Issuer held by the Trian Funds.
  2. (FN 1, contd.) Mr. Peltz is also a limited partner in Trian Partners GP, L.P. ("Trian GP") and a member of Trian Partners General Partner, LCC, the general partner of Trian GP, and as such has an indirect interest in the shares of the Issuer held by Trian GP. Mr. Peltz disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. All such shares are owned by the Peltz Family Foundation. Mr. Peltz is a trustee of the foundation.
  4. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  5. All such shares are owned by the Peltz 2009 Family Trust. Mr. Peltz is a trustee of the trust.