Trian Partners Parallel Fund I, L.P.'s Form 4 filing
Wendy's CoWEN · filed Mar 3, 2023
- Accession no.
- 0001209191-23-015959
- Filed
- Mar 3, 2023, 6:33 PM ET
- Trade date
- Mar 3, 2023
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $80.0M. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Trian Partners Parallel Fund I, L.P.CIK 0001345007 | 10% Owner |
| Trian Partners, L.P.CIK 0001345465 | 10% Owner |
| Trian Partners Master Fund, L.P.CIK 0001345466 | 10% Owner |
| Trian Fund Management, L.P.CIK 0001345471 | 10% Owner |
| Trian Fund Management GP, LLCCIK 0001345472 | 10% Owner |
| Trian Partners GP, L.P.CIK 0001363629 | 10% Owner |
| Trian Partners Strategic Fund-G III, L.P.CIK 0001691861 | 10% Owner |
| Trian Partners Strategic Fund-G II, L.P.CIK 0001691893 | 10% Owner |
| Trian Partners Strategic Fund-K, L.P.CIK 0001691898 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 3, 2023 | Common Stock | SSaleDisposed | −3,627,569 | $22.05 | −$79,987,896.45 | 21,705,770 | Indirect | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
Nelson Peltz, Peter W. May and Edward P. Garden are members of Trian Management GP, which is the GP of Trian Management, and as such are in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Funds, and are members of Trian GP, LLC, which is the GP of Trian GP, and as such are in a position to determine the investment and voting decisions made on behalf of Trian GP. Matthew Peltz ("M. Peltz") is a limited partner in Trian Management and a member of Trian GP LLC and as such has an indirect interest in the shares of the Issuer held by the Trian Funds, and a limited partner in Trian GP and a member of Trian GP LLC and as such has an indirect interest in the shares of the Issuer held by Trian GP. Messrs. Peltz, May, Garden and M. Peltz currently report their holdings and transactions in the Issuer's securities in separate filings. The holdings of the securities of the Issuer and the transactions reported in this filing are also reported in the filings made by each of Messrs. Peltz, May, Garden and M. Peltz and in each case relate to the same securities (reported as indirectly held by them) and transactions. Each of Messrs. Peltz, May, Garden and M. Peltz disclaims beneficial ownership of the securities covered by this statement except to the extent of the pecuniary interest of such person in such securities.