John William Dillon - 20 May 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol
DENN
Transactions as of
20 May 2022
Net transactions value
-$124,366
Form type
4
Filing time
24 May 2022, 20:06:08 UTC
Previous filing
04 Feb 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +46,729 +54% $0.000000 132,739 20 May 2022 Direct
transaction DENN Common Stock Tax liability $124,366 -12,901 -9.7% $9.64 119,838 20 May 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 -46,729 -100% $0.000000* 0 20 May 2022 Common Stock 46,729 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.