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

Role: EVP, Chief Brand Officer
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol: DENN
Transactions as of: May 20, 2022
Transactions value $: -$124,366
Form type: 4
Date filed: 5/24/2022, 08:06 PM
Previous filing: Feb 4, 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	+46.7K	+54.33%	$0.00	133K	May 20, 2022	Direct
transaction	DENN	Common Stock	Tax liability	-$124K	-12.9K	-9.72%	$9.64	120K	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	-46.7K	-100%	$0.00^*	0	May 20, 2022	Common Stock	46.7K		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.