Stephen C. Dunn - 03 Jan 2024 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: EVP, Chief Global Dev. Ofc.
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 03 Jan 2024
Net transactions value: -$50,486
Form type: 4
Filing time: 05 Jan 2024, 17:32:49 UTC
Previous filing: 19 Sep 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	+3,097	+4.6%	$0.000000	70,593	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$9,944	-919	-1.3%	$10.82	69,674	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+4,450	+6.4%	$0.000000	74,124	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$14,282	-1,320	-1.8%	$10.82	72,804	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+8,422	+12%	$0.000000	81,226	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$26,260	-2,427	-3%	$10.82	78,799	03 Jan 2024	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	Restricted Stock Units	Options Exercise	$0	-3,097	-100%	$0.000000^*	0	03 Jan 2024	Common Stock	3,097		Direct	F2
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-4,450	-50%	$0.000000	4,451	03 Jan 2024	Common Stock	4,450		Direct	F3
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-8,422	-33%	$0.000000	16,845	03 Jan 2024	Common Stock	8,422		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Not included in Column 5 are 46,972 fully vested performance shares and restricted stock units that have been previously deferred under the Denny's, Inc. Deferred Compensation Plan and that will be payable by issuance of shares on the applicable deferred payment date under the Deferred Compensation Plan.
F2	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.
F3	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.
F4	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.