Sec Form 4/A Filing - MAY JONATHAN P @ TRIARC COMPANIES INC - 2003-11-19

FORM 4/A 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 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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1. Name and Address of Reporting Person MAY JONATHAN P 2. Issuer Name and Ticker or Trading Symbol TRIARC COMPANIES INC [ TRY;TRY.B] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP - Corporate Development (Last) (First) (Middle) TRIARC COMPANIES, INC., 280 PARK AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 11/19/2003 (Street) NEW YORK, NY10017 4. If Amendment, Date Original Filed (MM/DD/YY) 11/24/2003 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)

D Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Class A Common Stock 11/19/2003 S 9,500 D $ 11.06 ( 1 ) 5,751 D Class A Common Stock 11/19/2003 S 200 D $ 11.07 ( 1 ) 5,551 D Class A Common Stock 11/19/2003 S 400 D $ 11.08 ( 1 ) 5,151 D Class A Common Stock 11/19/2003 S 300 D $ 11.09 ( 1 ) 4,851 D Class A Common Stock 11/19/2003 S 1,400 D $ 11.1 ( 1 ) 3,451 D Class A Common Stock 11/19/2003 S 2,000 D $ 11.11 ( 1 ) 1,451 D Class A Common Stock 11/19/2003 S 200 D $ 11.12 ( 1 ) 1,251 Class B Common Stock, Series 1 11/19/2003 S 2,700 D $ 11.4 ( 1 ) 27,802 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 1,100 D $ 11.35 ( 1 ) 26,702 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 100 D $ 11.36 ( 1 ) 26,602 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 100 D $ 11.37 ( 1 ) 26,502 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 100 D $ 11.38 ( 1 ) 26,402 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 100 D $ 11.42 ( 1 ) 26,302 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 1,600 D $ 11.44 ( 1 ) 24,702 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 900 D $ 11.45 ( 1 ) 23,802 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 9,300 D $ 11.48 ( 1 ) 14,502 D ( 2 ) Class B Common Stock, Series 1 11/19/2003 S 900 D $ 11.5 ( 1 ) 13,602 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 4,600 D $ 11.34 ( 1 ) 9,002 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 2,600 D $ 11.4 ( 1 ) 6,402 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 100 D $ 11.41 ( 1 ) 6,302 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 2,400 D $ 11.45 ( 1 ) 3,902 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 200 D $ 11.47 ( 1 ) 3,702 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 100 D $ 11.48 ( 1 ) 3,602 D ( 2 ) Class B Common Stock, Series 1 11/20/2003 S 1,100 D $ 11.5 ( 1 ) 2,502 D ( 2 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 MAY JONATHAN P TRIARC COMPANIES, INC. 280 PARK AVENUE NEW YORK, NY10017 SVP - Corporate Development Signatures /s/ May, Jonathan P. 02/04/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On November 24, 2003, the reporting person filed a Form 4 reporting the sale of 14,000 shares of Class A Common Stock and 28,000 shares of Class B Common Stock, Series 1, in each case, at the average sale price for such shares, rather than at the individual sale prices, which are as reported in this amendment. ( 2 )2,505 of these shares were inadvertently omitted from the reporting person's original Form 4. Such shares were acquired by the reporting person pursuant to a stock dividend, declared by Triarc Companies, Inc. on August 11, 2003 and payable to all holders of record of Class A Common Stock on August 21, 2003, of two shares of Class B Common Stock, Series 1, for each share of Class A Common Stock outstanding.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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