UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
   Silverman, Jeffrey S.
   Brand Partners Group, Inc.
   777 Third Avenue
   30th Floor
   New York, NY  10017
   USA
2. Issuer Name and Ticker or Trading Symbol
   Triarc Companies, Inc.
   TRY
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   December 30, 2001
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director  ( ) 10% Owner  ( ) Officer (give title below) ( ) Other
   (specify below)

7. Individual or Joint/Group Reporting (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person


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 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
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1. Title of Security         |2.    |3.  |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                             |Transaction|  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                             |Date  |Code|                                  |  Beneficially     |(D)or |                           |
                             |      |    |                  | A/|           |  Owned at         |Indir |                           |
                             |      |    |    Amount        | D |    Price  |  End of Year      |ect(I)|                           |
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Class A Common Stock         |10/31/|S4(1|25,000            |(D)|$24.5063   |                   |      |                           |
                             |00    |)   |                  |   |           |                   |      |                           |
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Class A Common Stock         |10/16/|S4(1|10,000            |(D)|$23.1141   |                   |      |                           |
                             |01    |)   |                  |   |           |                   |      |                           |
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Class A Common Stock         |11/2/0|S4(1|5,000             |(D)|$24.7500   |                   |      |                           |
                             |1     |)   |                  |   |           |                   |      |                           |
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Class A Common Stock         |1/1/01|J(2)|298               |(A)|$25.12(3)  |                   |(D)   |                           |
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Class A Common Stock         |3/19/0|J(2)|114               |(A)|$26.24(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |3/26/0|J(2)|58                |(A)|$25.78(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |3/29/0|J(2)|58                |(A)|$25.50(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |4/2/01|J(2)|296               |(A)|$23.04(3)  |                   |(D)   |                           |
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Class A Common Stock         |4/26/0|J(2)|60                |(A)|$24.81(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |6/21/0|J(2)|59                |(A)|$25.24(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |7/2/01|J(2)|296               |(A)|$25.31(3)  |                   |(D)   |                           |
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Class A Common Stock         |8/23/0|J(2)|57                |(A)|$25.96(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |10/1/0|J(2)|316               |(A)|$23.69(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |10/25/|J(2)|65                |(A)|$23.07(3)  |                   |(D)   |                           |
                             |01    |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |11/12/|J(2)|65                |(A)|$23.04(3)  |                   |(D)   |                           |
                             |01    |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |12/6/0|J(2)|64                |(A)|$23.12(3)  |                   |(D)   |                           |
                             |1     |    |                  |   |           |                   |      |                           |
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Class A Common Stock         |12/21/|J(2)|62                |(A)|$23.97(3)  |3,219              |(D)   |                           |
                             |01    |    |                  |   |           |                   |      |                           |
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___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
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1.Title of Derivative   |2.Con   |3.   |4.  |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security              |version |Transaction rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                        |or Exer |Date |Code| rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                        |cise Pr |     |    | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                        |ice  of |     |    | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                        |Deriva  |     |    |               |Date |Expir|                    |       |ficially    |Ind|            |
                        |tive    |     |    |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                        |Secu    |     |    |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                        |rity    |     |    |  Amount   |   |ble  |     |                    |       |Year        |(I)|            |
___________________________________________________________________________________________________________________________________|
                                                                               
Stock Options (right to |$26.00  |6/21/|(A) |4,000      |A  |(4)  |6/21/|Class A Comm|4,000  |       |4,000       |(D)|            |
buy) with tandem tax wit|        |01   |    |           |   |     |11   |on Stock    |       |       |            |   |            |
hholding rights         |        |     |    |           |   |     |     |            |       |       |            |   |            |
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___________________________________________________________________________________________________________________________________|

Explanation of Responses:
(1) Sale from account over which broker had discretionary
authority.
(2) Shares were issued pursuant to the Company's 1998 Equity Participation Plan
in lieu of annual retainer or Board of Directors or committee meeting
attendance fees that would otherwise by
payable in cash.
(3) In accordance with the Company's Equity Participation Plan, the price is
the average of the closing price per share on the 20 consecutive trading days
immediately preceding the date on which
the annual retainer or meeting attendance fee would otherwise be
payable.
(4) The option vests in two equal installments on June 21, 2002 and
2003.
SIGNATURE OF REPORTING PERSON
JEFFREY S. SILVERMAN
DATE
February 12,2002