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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
OPTION (RIGHT TO PURCHASE) | $ 37.63 | 05/01/2007 | A | 40,641 | 05/01/2008(2) | 04/30/2014 | Common Stock | 40,641 | $ 0 | 40,641 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Near David J WENDY'S INTERNATIONAL, INC. P.O. BOX 256 DUBLIN, OH 43017 |
CHIEF OPERATIONS OFFICER |
DAVID J. NEAR | 05/03/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(2) | 13,547 OF THESE STOCK OPTIONS BECOME EXERCISABLE ON EACH OF 05/01/08, 05/01/09, AND 05/01/10. |
(1) | REFLECTS EARNED PERFORMANCE SHARES ISSUED TO THE REPORTING PERSON IN SETTLEMENT OF THE PERFORMANCE SHARES GRANTED ON MAY 1, 2006. THE PERFORMANCE SHARES WERE PREVIOUSLY ADJUSTED PURSUANT TO THE ANTI-DILUTION PROVISIONS OF THE COMPANY'S EQUITY COMPENSATION PLANS IN CONNECTION WITH THE SPIN-OFF OF TIM HORTONS INC. THE ANTI-DILUTION ADJUSTMENT WAS EFFECTED BY DIVIDING THE NUMBER OF PERFORMANCE SHARES INITIALLY AWARDED BY 0.4828. THIS ADJUSTMENT RATIO WAS OBTAINED BY DIVIDING THE "EX-DIVIDEND" OPENING PRICE OF WENDY'S COMMON STOCK ON THE NEW YORK STOCK EXCHANGE ON OCTOBER 2, 2006 ($32.35), THE FIRST TRADING DAY AFTER THE SPIN-OFF, BY THE CLOSING PRICE OF WENDY'S COMMON STOCK IN THE "REGULAR WAY" MARKET ON SEPTEMBER 29, 2006 ($67.00). THE EARNED PERFORMANCE SHARES WILL VEST RATABLY ON MAY 1 OF EACH YEAR 2007 THROUGH 2010 AND INCLUDE DIVIDEND EQUIVALENT RIGHTS. |