Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
PERSHING SQUARE L P
  2. Issuer Name and Ticker or Trading Symbol
WENDYS INTERNATIONAL INC [WEN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
888 SEVENTH AVENUE, 29TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2006
(Street)

NEW YORK, NY 10019
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/17/2006   S   22,500 (1) D $ 65.03 1,314,500 I See footnote (2)
Common Stock 03/17/2006   S   19,230 D $ 65.03 161,777 (3) D  
Common Stock 03/17/2006   S   2,270 D $ 65.03 0 (4) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PERSHING SQUARE L P
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
Pershing Square International, Ltd.
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
PERSHING SQUARE II LP
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
Pershing Square Investment II, L.P.
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
ACKMAN WILLIAM A
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
Pershing Square GP, LLC
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
Pershing Square Holdings GP, LLC
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
Pershing Square Capital Management, L.P.
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    
PS Management GP, LLC
888 SEVENTH AVENUE, 29TH FLOOR
NEW YORK, NY 10019
    X    

Signatures

 Pershing Square, L.P. /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 Pershing Square International, Ltd. /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 Pershing Square II, L.P. /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 Pershing Square Investment II, L.P. /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 William A. Ackman /s/ William A. Ackman   03/17/2006
**Signature of Reporting Person Date

 Pershing Square GP, LLC /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 Pershing Square Holdings GP, LLC /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 Pershing Square Capital Management, L.P. /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

 PS Management GP, LLC /s/ William A. Ackman, Authorized Signatory   03/17/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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 disposition of 19,230 shares of common stock directly beneficially owned by Pershing Square, L.P. and 2,270 shares directly beneficially owned by Pershing Square II, L.P.
(2) Represents aggregate number of shares of common stock directly and indirectly beneficially owned by the reporting persons after giving effect to the disposition if 22,500 shares by Pershing Square, L.P. and Pershing Square II, L.P. reported hereunder. Does not include common stock beneficially owned by the reporting persons and its affiliates as a result of ownership of derivative securities as reported on Form 3.
(3) Represents shares directly beneficially owned by Pershing Square, L.P. after giving effect to the disposition by such person of 19,230 shares of common stock.
(4) Represents shares of common stock directly beneficially owned by Pershing Square, L.P. after giving effect to the disposition by such person of 2,270 shares of common stock.

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