WENDYS CO

Ticker: WEN CUSIP: 95058W100 Class: Common Stock

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 24,463 Value ($000) $402 Avg Close $15.19 Range $13.57 - $16.98

Q3 2017

Shares 20,601 Value ($000) $320 Avg Close $15.31 Range $14.16 - $16.17

Q1 2017

Shares 45,562 Value ($000) $620 Avg Close $13.64 Range $13.03 - $14.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	24,463	$402	$15.19	$13.57 - $16.98
Q3 2017	20,601	$320	$15.31	$14.16 - $16.17
Q1 2017	45,562	$620	$13.64	$13.03 - $14.47