F. Mark Wolfinger - Jan 3, 2023 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: Director
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol: DENN
Transactions as of: Jan 3, 2023
Transactions value $: -$61,309
Form type: 4
Date filed: 1/5/2023, 06:29 PM
Previous filing: Jun 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	DENN	Common Stock	Options Exercise	$0	+8.14K	+0.95%	$0.00	860K	Jan 3, 2023	Direct
transaction	DENN	Common Stock	Tax liability	-$27.3K	-2.87K	-0.33%	$9.52	857K	Jan 3, 2023	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+9.88K	+1.15%	$0.00	867K	Jan 3, 2023	Direct
transaction	DENN	Common Stock	Tax liability	-$34K	-3.57K	-0.41%	$9.52	864K	Jan 3, 2023	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	-8.14K	-99.17%	$0.00	68	Jan 3, 2023	Common Stock	8.14K		Direct	F1
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-9.88K	-99.18%	$0.00	82	Jan 3, 2023	Common Stock	9.88K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, for the second of (3) equal installments that vests on the last day of the Company's 2021, 2022 and 2023 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.
F2	Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2021 Omnibus Incentive Plan, for the first of (3) equal installments that vests on the last day of the Company's 2022, 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

Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, for the second of (3) equal installments that vests on the last day of the Company's 2021, 2022 and 2023 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.

Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2021 Omnibus Incentive Plan, for the first of (3) equal installments that vests on the last day of the Company's 2022, 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.