JOHN C. MILLER - 02 Mar 2023 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Director
Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol
DENN
Transactions as of
02 Mar 2023
Net transactions value
-$2,330,021
Form type
4
Filing time
06 Mar 2023, 17:46:13 UTC
Previous filing
05 Jan 2023
Next filing
18 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +235,694 +38% $0.000000 848,880 02 Mar 2023 Direct
transaction DENN Common Stock Tax liability $909,840 -77,964 -9.2% $11.67 770,916 02 Mar 2023 Direct
transaction DENN Common Stock Options Exercise $0 +328,905 +43% $0.000000 1,099,821 02 Mar 2023 Direct
transaction DENN Common Stock Tax liability $1,420,181 -121,695 -11% $11.67 978,126 02 Mar 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 Performance Share Units Options Exercise $0 -235,694 -100% $0.000000* 0 02 Mar 2023 Common Stock 235,694 Direct F1
transaction DENN Performance Share Units Options Exercise $0 -328,905 -100% $0.000000* 0 02 Mar 2023 Common Stock 328,905 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the scheduled payout of shares on a "1-for-1" basis in common stock of the Issuer for Performance Share Units earned under the Denny's Corporation 2012 Omnibus Incentive Plan, having vested 12/27/17, and deferred under the Denny's, Inc. Deferred Compensation Plan.
F2 Reflects the scheduled payout of shares on a "1-for-1" basis in common stock of the Issuer for Performance Share Units earned under the Denny's Corporation 2012 Omnibus Incentive Plan, having vested 12/26/18, and deferred under the Denny's, Inc. Deferred Compensation Plan.