Laysha Ward - May 19, 2021 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Director
Signature
/s/ J. Scott Melton, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4
Date filed
5/21/2021, 05:40 PM
Next filing
Jun 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise +10.3K +43.67% 33.8K May 20, 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 +6.31K +6.15% $0.00 109K May 19, 2021 Common Stock 6.31K Direct F2
transaction DENN Deferred Stock Unit Options Exercise $0 -10.3K -9.44% $0.00 98.6K May 20, 2021 Common Stock 10.3K 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 immediately following the vesting date (i.e., first anniversary of the annual DSU grant date).