UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Peltz, Nelson
   c/o Triarc Companies, Inc.
   280 Park Avenue, 41st 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
   June 30, 2001
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Chairman and Chief Executive Officer
7. Individual or Joint/Group Filing (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     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
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Class A Common Stock       |6/5/01|G(1)|V|50                |(D)|           |                   |      |                           |
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Class A Common Stock       |6/5/01|J(2)| |2,600             |   |           |23,750(3)          |I(4)  |by Family Ltd. Partnership |
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Class A Common Stock       |6/6/01|P(5)| |100               |(A)|$25.15     |                   |      |                           |
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Class A Common Stock       |6/6/01|G(5)|V|100               |(D)|           |                   |      |                           |
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                           |      |    | |                  |   |           |5,982,867(6)       |I(4)  |by limited partnership     |
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                           |      |    | |                  |   |           |26,900             |D     |                           |
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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 |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price 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    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
                                                                            
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
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Explanation of Responses:
(1) Shares held by the Peltz Family Limited Partnership, an entity in which Mr.
Peltz is a General Partner, were
used to make bona fide gift to an unrelated
person.
(2) 2,600 shares previously held by minor children of Mr. Peltz have been
contributed to the Peltz Family Limited
Partnership.
(3) All such shares are held in the Peltz Family Limited
Partnership.
(4) The reporting person disclaims beneficial ownership of these securities,
and this report shall not be deemed an
admission that the reporting person is the beneficial owner of such securities
for purposes of Section 16 or for
any other
purpose.
(5) Used to make bona fide gift to an unrelated
person.
(6) All such shares are owned by DWG Acquisition Group, L.P., an entity in
which Mr. Peltz is a General Partner.
SIGNATURE OF REPORTING PERSON
Nelson Peltz
DATE
July 10, 2001