Robert P. Verostek - 03 Jan 2024 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: EVP, Chief Financial Officer
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 03 Jan 2024
Net transactions value: -$123,997
Form type: 4
Filing time: 05 Jan 2024, 17:33:11 UTC
Previous filing: 13 Dec 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	+4,396	+14%	$0.000000	36,212	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$24,540	-2,268	-6.3%	$10.82	33,944	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+6,342	+19%	$0.000000	40,286	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$35,295	-3,262	-8.1%	$10.82	37,024	03 Jan 2024	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+12,512	+34%	$0.000000	49,536	03 Jan 2024	Direct
transaction	DENN	Common Stock	Tax liability	$64,163	-5,930	-12%	$10.82	43,606	03 Jan 2024	Direct	F1
holding	DENN	Common Stock						14,000	03 Jan 2024	By Wife

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	+4,396		$0.000000^*	0	03 Jan 2024	Common Stock	4,396		Direct	F2
transaction	DENN	Restricted Stock Units	Options Exercise	$0	+6,342		$0.000000	6,342	03 Jan 2024	Common Stock	6,342		Direct	F3
transaction	DENN	Restricted Stock Units	Options Exercise	$0	+12,512	+100%	$0.000000	25,024	03 Jan 2024	Common Stock	12,512		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 39,409 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.