Edgar Filing: PERSHING SQUARE L P

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â PERSHING SQUARE L P

2. Date of Event Requiring Statement (Month/Day/Year)
08/11/2005

3. Issuer Name and Ticker or Trading Symbol
WENDYS INTERNATIONAL INC [WEN]

(Last)

(First)

(Middle)

110 EAST 42ND STREET,Â 18TH FLOOR

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10017

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	181,007	D	Â
Common Shares	1,154,993	I	See Footnote ⁽¹⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Options to Purchase Common Shares	Â ⁽²⁾	01/19/2007	Common Shares	135,761	$ 27.37	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	11/17/2006	Common Shares	135,761	$ 33.23	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	02/20/2007	Common Shares	312,162	$ 30.4	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	02/20/2007	Common Shares	463,134	$ 31	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	02/22/2007	Common Shares	312,162	$ 30.19	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	03/02/2007	Common Shares	301,943	$ 30.45	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	03/12/2007	Common Shares	284,606	$ 30.944	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	03/12/2007	Common Shares	142,303	$ 30.976	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	03/16/2007	Common Shares	135,761	$ 29.32	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	03/23/2006	Common Shares	904,362	$ 45	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	07/21/2006	Common Shares	135,761	$ 29.32	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	09/15/2006	Common Shares	135,761	$ 31.28	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	09/27/2006	Common Shares	449,314	$ 31.2	D	Â
Options to Purchase Common Shares	Â ⁽²⁾	01/19/2007	Common Shares	864,239	$ 27.37	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	11/17/2006	Common Shares	864,239	$ 33.23	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	02/20/2007	Common Shares	187,838	$ 30.4	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	02/20/2007	Common Shares	286,866	$ 31	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	02/22/2007	Common Shares	187,838	$ 30.19	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	03/02/2007	Common Shares	198,057	$ 30.45	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	03/12/2007	Common Shares	215,394	$ 30.944	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	03/12/2007	Common Shares	107,697	$ 30.976	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	03/16/2007	Common Shares	864,239	$ 29.32	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	03/23/2006	Common Shares	595,638	$ 45	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	07/21/2006	Common Shares	864,239	$ 29.32	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	09/15/2006	Common Shares	864,239	$ 31.28	I	See footnote. ⁽¹⁾
Options to Purchase Common Shares	Â ⁽²⁾	09/27/2006	Common Shares	293,686	$ 31.2	I	See footnote. ⁽¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
PERSHING SQUARE L P 110 EAST 42ND STREET 18TH FLOOR NEW YORK,Â NYÂ 10017	Â	Â X	Â	Â

Signatures

Pershing Square, L.P., By: Pershing Square GP, LLC, Its: General Partner, By: /s/ William A. Ackman, Its: Managing Member		08/17/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	Represents shares directly beneficially owned by Pershing Square II, L.P., Pershing Square International, Ltd., and Pershing Square Investment II, L.P., respectively, which may be deemed to be indirectly beneficially owned by Pershing Square, L.P. Pershing Square, L.P. disclaims beneficial ownership with respect to the shares directly beneficially by Pershing Square II, L.P., Pershing Square International, Ltd. and Pershing Square Investment II, L.P., respectively, except to the extent of its pecuniary interest therein.
(2)	Immediate.

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