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 *
  Collins Daniel T
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2007
3. Issuer Name and Ticker or Trading Symbol
TRIARC COMPANIES INC [TRY;TRY.B]
(Last)
(First)
(Middle)
ARBY'S RESTAURANT GROUP, INC., 1155 PERIMETER CENTER WEST
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP - Treasurer & Asst. Sec.
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATLANTA, GA 30338
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)
Class B Common Stock, Series 1 23,260 (1)
D
 

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
Employee Stock Option (right to buy) (2)   (3) 04/28/2016 Class B Common Stock, Series 1 19,400 $ 16.22 D  
Employee Stock Option (right to buy) (2)   (4) 05/23/2017 Class B Common Stock, Series 1 11,000 $ 15.84 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Collins Daniel T
ARBY'S RESTAURANT GROUP, INC.
1155 PERIMETER CENTER WEST
ATLANTA, GA 30338
      SVP - Treasurer & Asst. Sec.  

Signatures

/s/ Collins, Daniel T. 09/10/2007
**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) In connection with the acquisition of RTM Restaurant Group, Inc. (RTM) and certain affiliated entites (the RTM Acquisition) by Triarc Companies, Inc. (Triarc), the reporting person received as consideration 20,110 shares of Triarc's Class B Common Stock, Series 1. Of the 20,110 shares issued to the reporting person in the acquisition, 832 shares are being held in escrow to secure the reporting person's indemnification obligations under the definitive agreements related to the RTM Acquisition.
(2) With tandem net exercise and tax withholding rights.
(3) The option vests in three equal installments. One-third of the options vested on April 28, 2007. One-third of the options will vest on each of April 28, 2008 and 2009.
(4) The option vests in three equal installments on May 23, 2008, 2009 and 2010.

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