Gail Sharps Myers - May 20, 2022 Form 4/A - Amendment Insider Report for DENNY'S Corp (DENN)

Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 20, 2022
Transactions value $
-$105,924
Form type
4/A - Amendment
Date filed
5/25/2022, 06:54 PM
Date Of Original Report
May 24, 2022
Previous filing
Mar 16, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +35K +1429.91% $0.00 37.5K May 20, 2022 Direct
transaction DENN Common Stock Tax liability -$106K -11K -29.3% $9.64 26.5K 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 -35K -100% $0.00* 0 May 20, 2022 Common Stock 35K 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.

Remarks:

This amendment to the Form 4 that was filed on May 24, 2022 is to correct the amount of securities beneficially owned following the reported transactions. The original Form 4 inadvertently showed beneficial securities owned in the amount of 107,592 and 96,604, whereas the correct amounts should be 37,498 and 26,510.