Gail Sharps Myers - Jan 3, 2024 Form 4 Insider Report for DENNY'S Corp (DENN)

Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
Jan 3, 2024
Transactions value $
-$78,045
Form type
4
Date filed
1/5/2024, 05:32 PM
Previous filing
Jun 16, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +3.87K +15.57% $0.00 28.7K Jan 3, 2024 Direct
transaction DENN Common Stock Tax liability -$15.1K -1.4K -4.86% $10.82 27.3K Jan 3, 2024 Direct
transaction DENN Common Stock Options Exercise $0 +5.23K +19.12% $0.00 32.6K Jan 3, 2024 Direct
transaction DENN Common Stock Tax liability -$20.4K -1.89K -5.79% $10.82 30.7K Jan 3, 2024 Direct
transaction DENN Common Stock Options Exercise $0 +11.9K +38.79% $0.00 42.6K Jan 3, 2024 Direct
transaction DENN Common Stock Tax liability -$42.5K -3.93K -9.23% $10.82 38.7K Jan 3, 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 -3.87K -100% $0.00* 0 Jan 3, 2024 Common Stock 3.87K Direct F1
transaction DENN Restricted Stock Units Options Exercise $0 -5.23K -50% $0.00 5.23K Jan 3, 2024 Common Stock 5.23K Direct F2
transaction DENN Restricted Stock Units Options Exercise $0 -11.9K -33.33% $0.00 23.8K Jan 3, 2024 Common Stock 11.9K 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.