Brenda J. Lauderback - 19 May 2021 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Director
Signature
/s/ J. Scott Melton, Attorney-in-Fact
Issuer symbol
DENN
Transactions as of
19 May 2021
Net transactions value
$0
Form type
4
Filing time
21 May 2021, 17:39:51 UTC
Previous filing
14 May 2021
Next filing
04 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise +15,421 15,421 20 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DENN Deferred Stock Unit Award $0 +9,461 +5.6% $0.000000 179,536 19 May 2021 Common Stock 9,461 Direct F2
transaction DENN Deferred Stock Unit Options Exercise $0 -15,421 -8.6% $0.000000 164,115 20 May 2021 Common Stock 15,421 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Stock Units, which were granted in 2020 under the Denny's Corporation 2017 Omnibus Incentive Plan, vested on May 20, 2021, the first anniversary of the date of grant and converted to common stock of the Issuer on this date.
F2 Deferred Stock Units, which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan, vest 100% upon the first anniversary of the date of grant, and are payable on a "1-for-1" basis in common stock of the Issuer upon the reporting person's termination of service as a director of Denny's Corporation.