WEN » Topics » EQUITY COMPENSATION PLAN INFORMATION
This excerpt taken from the WEN DEF 14A filed Apr 14, 2009.
EQUITY COMPENSATION PLAN INFORMATION
The following table gives information about the Companys equity compensation plans as of December 28, 2008.
Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights
Weighted- Average Exercise Price of Outstanding Options, Warrants and Rights
Number of Shares Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a))
Equity compensation plans approved by security holders(1)
200,443 Package Options(2)
7,850,182 Class A Options
Equity compensation plans not approved by security holders(4)
9,600 Package Options(2)
18,242,307 Class A Options(5)
210,043 Package Options(2)
26,092,489 Class A Options
1998 and 2002 Equity Participation Plans.
Each Package Option is exercisable for three shares of Class A Common Stock.
Includes securities issuable to directors as fees in lieu of cash.
1997 Equity Participation Plan and Wendys legacy equity plans
In addition to options granted pursuant to our equity participation plans, in connection with the acquisition of RTM in July 2005 the Company issued 774,066 options to acquire shares of Class B Common Stock to employees of RTM (who became employees of ARG) to replace then existing options that they
held to purchase shares of RTM (the Replacement Options). In connection with the Wendys merger, these Replacement Options were adjusted so as to become exercisable for shares of Class A Common Stock instead of Class B Common Stock. These Replacement Options have a weighted average exercise
price of $8.34.