Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DENN | Restricted Stock Units | Award | $0 | +81.2K | $0.00 | 81.2K | Feb 1, 2022 | Common Stock | 81.2K | Direct | F1 |
Id | Content |
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F1 | This amendment to the Form 4 that was filed on February 3, 2022 is to correct the number of restricted stock units which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan. The original Form 4 inadvertently showed a total of 76,472 restricted stock units being granted, whereas the correct total granted is 81,168. These restricted stock units will vest in three (3) equal installments on the last day of the Company's 2022, 2023, and 2024 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control. |