GREGG DEDRICK - 16 May 2023 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: Director
Signature: /s/ Jasmine Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 16 May 2023
Net transactions value: $0
Form type: 4
Filing time: 18 May 2023, 19:09:16 UTC
Previous filing: 20 May 2022
Next filing: 16 May 2024
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		+11,145	+13%		94,720	18 May 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	+10,271	+20%	$0.000000	60,726	16 May 2023	Common Stock	10,271		Direct	F2
transaction	DENN	Deferred Stock Unit	Options Exercise	$0	-11,145	-18%	$0.000000	49,581	18 May 2023	Common Stock	11,145		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).