Jose M. Gutierrez - May 16, 2023 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Director
Signature
/s/ Jasmine Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
4
Date filed
5/18/2023, 07:08 PM
Previous filing
Apr 5, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise +11.1K +27.21% 52.1K May 18, 2023 Direct F1

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 Deferred Stock Unit Award $0 +10.3K +12.82% $0.00 90.4K May 16, 2023 Common Stock 10.3K Direct F2
transaction DENN Deferred Stock Unit Options Exercise $0 -11.1K -12.33% $0.00 79.2K May 18, 2023 Common Stock 11.1K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Stock Units, which were granted in 2021 under the Denny's Corporation 2021 Omnibus Incentive Plan, vested on May 18, 2023, the first anniversary of the date of grant and converted to common stock of the Issuer on this date.
F2 Deferred Stock Units, which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan, vest 100% upon the first anniversary of the date of grant, and are payable on a "1-for-1" basis in common stock of the Issuer immediately following the vesting date (i.e., first anniversary of the annual DSU grant date).