Kelli Valade - 13 Jun 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: CEO and President, Director
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 13 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Jun 2022, 17:45:20 UTC
Next filing: 03 Feb 2023
SEC: View on sec.gov

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	Award	$0	+92,665		$0.000000	92,665	13 Jun 2022	Common Stock	92,665		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units, which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan, will vest in three (3) equal installments with the first installment on the first anniversary date of the grant and the remaining two installments on the last day of the Company's 2023 and 2024 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.

Content

The restricted stock units, which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan, will vest in three (3) equal installments with the first installment on the first anniversary date of the grant and the remaining two installments on the last day of the Company's 2023 and 2024 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.