Gail Sharps Myers - 03 Jan 2024 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: EVP, CLO and Secretary
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 03 Jan 2024
Net transactions value: -$78,045
Form type: 4
Filing time: 05 Jan 2024, 17:32:39 UTC
Previous filing: 16 Jun 2023
Next filing: 17 Jan 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	$0	+3,871	+16%	$0.000000	28,739	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$15,105	-1,396	-4.9%	$10.82	27,343	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+5,229	+19%	$0.000000	32,572	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$20,407	-1,886	-5.8%	$10.82	30,686	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+11,904	+39%	$0.000000	42,590	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$42,533	-3,931	-9.2%	$10.82	38,659	03 Jan 2024	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	-3,871	-100%	$0.000000^*	0	03 Jan 2024	Common Stock	3,871		Direct	F1
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-5,229	-50%	$0.000000	5,230	03 Jan 2024	Common Stock	5,229		Direct	F2
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-11,904	-33%	$0.000000	23,810	03 Jan 2024	Common Stock	11,904		Direct	F3

* 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 third 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 second 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.
F3	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 2023, 2024 and 2025 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.