X0304 4 2012-03-15 0000030697 Wendy's Co WEN 0001014049 SCHWAB II DAVID E C/O THE WENDY'S COMPANY ONE DAVE THOMAS BOULEVARD DUBLIN OH 43017 1 Restricted Stock Units 2012-03-15 4 A 0 796.0000 0.0000 A Common Stock 796.0000 50471.0000 D Restricted Stock Units 2012-03-15 4 A 0 530.0000 0.0000 A Common Stock 530.0000 51001.0000 D Restricted Stock Units 2012-03-15 4 A 0 248.0000 0.0000 A Common Stock 248.0000 51249.0000 D Each restricted stock unit represents a contingent right to receive one share of Company common stock. Represents dividend equivalent units that have accrued on outstanding restricted stock units from their date of grant (May 28, 2009) through the date of this report, including 75 dividend equivalent units issued on March 15, 2012. The restricted stock units vested in two equal installments on May 28, 2010 and May 28, 2011. Vested shares will be delivered upon Mr. Schwab's termination as a director of the Company. Represents dividend equivalent units that have accrued on outstanding restricted stock units from their date of grant (June 1, 2010) through the date of this report, including 72 dividend equivalent units issued on March 15, 2012. One-half of the restricted stock units vested on June 1, 2011, and the remaining one-half of the restricted stock units will vest on June 1, 2012. Vested shares will be delivered upon Mr. Schwab's termination as a director of the Company. Represents dividend equivalent units that have accrued on outstanding restricted stock units from their date of grant (May 26, 2011) through the date of this report, including 64 dividend equivalent units issued on March 15, 2012. The restricted stock units vest in two equal installments on May 26, 2012 and May 26, 2013. Vested shares will be delivered upon Mr. Schwab's termination as a director of the Company. /s/ David E. Schwab II 2012-03-19