Jose M. Gutierrez - May 18, 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Director
Signature
/s/ Jasmine Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 04:51 PM
Previous filing
Mar 10, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise +6.31K +18.2% 41K May 19, 2022 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 +11.1K +14.81% $0.00 86.4K May 18, 2022 Common Stock 11.1K Direct F2
transaction DENN Deferred Stock Unit Options Exercise $0 -6.31K -7.3% $0.00 80.1K May 19, 2022 Common Stock 6.31K 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 2021 under the Denny's Corporation 2021 Omnibus Incentive Plan, vested on May 19, 2022, 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).

Remarks:

EXHIBIT LIST: EX-24 Confirming Statement