Jay C. Gilmore - May 20, 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Sr. VP, CAO & Corp. Controller
Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 20, 2022
Transactions value $
-$63,624
Form type
4
Date filed
5/24/2022, 08:05 PM
Previous filing
Feb 7, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +21.1K +25.96% $0.00 102K May 20, 2022 Direct
transaction DENN Common Stock Tax liability -$63.6K -6.6K -6.46% $9.64 95.6K May 20, 2022 Direct

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 Restricted Stock Units Options Exercise $0 -21.1K -100% $0.00* 0 May 20, 2022 Common Stock 21.1K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, that vested 100% upon the second anniversary of the grant date and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date.