Edgar Filing: TRIARC COMPANIES INC

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 Trian Fund Management, L.P.

2. Date of Event Requiring Statement (Month/Day/Year)
09/16/2008

3. Issuer Name and Ticker or Trading Symbol
TRIARC COMPANIES INC [TRY/TRYB]

(Last)

(First)

(Middle)

280 PARK AVENUE,Â 41ST FLOOR

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

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
Schedule 13D Filer

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

(Street)

NEW YORK,Â NYÂ 10017

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 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)
Class A Common Stock	0	I	Please see explanation below ⁽¹⁾ ⁽²⁾
Class B Common Stock, Series 1	0	I	Please see explanation below ⁽¹⁾ ⁽²⁾

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Trian Fund Management, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
Trian Partners GP, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
Trian Partners, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
Trian Partners Master Fund, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
Trian Partners Parallel Fund II, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
Trian Partners Parallel Fund II GP, L.P. 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer
TRIAN PARTNERS PARALLEL FUND I L P 280 PARK AVENUE 41ST FLOOR NEW YORK,Â NYÂ 10017	Â	Â	Â	Schedule 13D Filer

Signatures

Trian Fund Management, L.P., By: Trian Fund Management GP, LLC, General Partner, By: Edward P. Garden, Member		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of general partner of Trian Partners GP, L.P.		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of general partner of Trian Partners, L.P.		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of general partner of Trian Partners Master Fund, L.P.		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of general partner of Trian Parallel Fund II, L.P.		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of general partner of Trian Parallel Fund II, GP, L.P.		09/18/2008
^**Signature of Reporting Person		Date
Edward P. Garden, member of the general partner of Trian Partners Parallel Fund I, L.P.		09/18/2008
^**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)	Trian Fund Management GP, LLC ("Trian Management GP") is the general partner of Trian Fund Management, L.P ("Trian Management"), which serves as (i) the management company for Trian Partners, L.P. ("Trian Onshore"), Trian Partners Master Fund, L.P. ("Trian Offshore"), Trian Partners Parallel Fund I, L.P. ("Parallel Fund I") and Trian Partners Parallel Fund II, L.P. ("Parallel Fund II" and collectively, the "Trian Entities") and (ii) the investment manager for a separate account owned by TCMG-MA, LLC (the "Separate Account"). Trian Management has full discretion and authority to make all investment and voting decisions in respect of the Separate Account.
(2)	(FN 1, contd.) Trian Partners General Partner, LLC ("Trian GP LLC") is the general partner of Trian Partners GP, L.P. ("Trian GP"), which is the general partner of Trian Onshore and Trian Offshore. Trian Partners Parallel Fund I General Partner, LLC ("Parallel Fund I GP LLC") is the general partner of Parallel Fund I. Trian Partners Parallel Fund II General Partner, LLC ("Parallel Fund II GP LLC") is the general partner of Trian Partners Parallel Fund II GP, L.P. ("Parallel Fund II GP"), which is the general partner of Parallel Fund II. Nelson Peltz, Peter W. May and Edward P. Garden are the members of Trian Management GP, and as such are in a position to determine the investment and voting decisions made by the Trian Entities and the Separate Account. Messrs. Peltz, May and Garden currently report their holdings in the Issuer in separate filings.
Â Remarks: EachÂ ofÂ TrianÂ FundÂ ManagementÂ GP,Â LLC;Â TrianÂ PartnersÂ GeneralÂ Partner,Â LLC;Â TrianÂ PartnersÂ ParallelÂ FundÂ IÂ GeneralÂ Partner,Â LLC;Â TrianÂ PartnersÂ ParallelÂ FundÂ IIÂ GeneralÂ Partner,Â LLCÂ (theÂ "GPÂ Entities")Â isÂ alsoÂ aÂ reportingÂ person.Â Â SinceÂ theÂ SEC'sÂ filingÂ systemÂ willÂ notÂ acceptÂ CIKÂ andÂ CCCÂ codesÂ fromÂ moreÂ thanÂ tenÂ jointÂ filersÂ ofÂ aÂ report,Â theÂ individualÂ GPÂ EntitiesÂ haveÂ filedÂ separatelyÂ fromÂ thisÂ FormÂ 3Â andÂ suchÂ filingÂ relatesÂ toÂ theÂ sameÂ securitiesÂ reportedÂ herein.Â Â Thus,Â inÂ total,Â thereÂ areÂ elevenÂ (11)Â jointÂ filers:Â TrianÂ FundÂ Management,Â L.P.;Â TrianÂ PartnersÂ GeneralÂ Partner,Â LLC;Â TrianÂ FundÂ ManagementÂ GP,Â LLC;Â TrianÂ PartnersÂ ParallelÂ FundÂ IÂ GeneralÂ Partner,Â LLC;Â TrianÂ PartnersÂ ParallelÂ FundÂ IIÂ GeneralÂ Partner,Â LLC;Â TrianÂ PartnersÂ GP,Â L.P.;Â TrianÂ Partners,Â L.P.;Â TrianÂ PartnersÂ MasterÂ Fund,Â L.P.;Â TrianÂ PartnersÂ ParallelÂ FundÂ I,Â L.P.;Â TrianÂ PartnresÂ ParallelÂ FundÂ II,Â L.P.;Â TrianÂ PartnersÂ ParallelÂ FundÂ IIÂ GP,Â L.P.

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