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Filing Details

Accession Number:: 0001209191-21-053753
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-27 19:58:51
Reporting Period:: 2021-08-25

Accepted Time:: 2021-08-27 19:58:51
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	Director	Officer	Large Shareholder	Other
1345007	Trian Partners Parallel Fund I, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1345465	Trian Partners, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1345466	Trian Partners Master Fund, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1345471	Trian Fund Management, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1345472	Trian Fund Management Gp, Llc	280 Park Avenue, 41St Floor 41St Floor New York NY 10017	No	No	Yes	No
1363629	Trian Partners Gp, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1691861	Trian Partners Strategic Fund-G Iii, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1691893	Trian Partners Strategic Fund-G Ii, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1691898	Trian Partners Strategic Fund-K, L.p.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No
1691900	Trian Partners Strategic Fund-C, Ltd.	280 Park Avenue 41St Floor New York NY 10017	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-08-25	161,922	$23.49	26,044,017	No	4	S	Indirect	Please see explanation below
Common Stock	Disposition	2021-08-26	50,000	$23.33	25,994,017	No	4	S	Indirect	Please see explanation below
Common Stock	Disposition	2021-08-27	382,403	$23.38	25,611,614	No	4	S	Indirect	Please see explanation below

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Please see explanation below
No	4	S	Indirect	Please see explanation below
No	4	S	Indirect	Please see explanation below

Footnotes

The sales reported in this Form 4 were done for portfolio management purposes.
The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.40 - $23.535. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Trian Fund Management GP, LLC ("Trian Management GP") is the general partner (the "GP") of Trian Fund Management, L.P. ("Trian Management"). Trian Management serves as the management company for Trian Partners, L.P. ("Trian Onshore"), Trian Partners Master Fund, L.P. ("Trian Offshore"), Trian Partners Parallel Fund I, L.P. ("Parallel Fund I"), Trian Partners Strategic Fund-G II, L.P. ("Fund-G II"), Trian Partners Strategic Fund-G III, L.P. ("Fund-G III"), Trian Partners Strategic Fund-K, L.P. ("Fund-K"), and Trian Partners Strategic Fund-C, Ltd. ("Fund-C" and 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.
(FN3, contd.) Trian Partners General Partner, LLC ("Trian GP LLC") is the GP of Trian Partners GP, L.P. ("Trian GP"), which is the GP of Trian Onshore and Trian Offshore. Trian Partners Parallel Fund I General Partner, LLC is the GP of Parallel Fund I, Trian Partners Strategic Fund-G II General Partner, LLC is the GP of Trian Partners Strategic Fund-G II GP, L.P., which is the GP of Fund-G II, Trian Partners Strategic Fund-G III General Partner, LLC is the GP of Trian Partners Strategic Fund-G III GP, L.P., which is the GP of Fund-G III, Trian Partners Strategic Fund-K General Partner, LLC is the GP of Trian Partners Strategic Fund-K GP, L.P., which is the GP of Fund-K, and Trian Partners Strategic Fund-C General Partner, LLC is the GP of Trian Partners Strategic Fund-C GP, L.P, which is the GP of the feeder fund to Fund-C.
Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.30 - $23.37. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.30 to $23.455. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.