Gail Sharps Myers - 07 Jan 2025 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
EVP, Chief Lgl & Adm Ofc, Sec.
Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol
DENN
Transactions as of
07 Jan 2025
Net transactions value
-$62,752
Form type
4
Filing time
10 Jan 2025, 09:50:26 UTC
Previous filing
01 Feb 2024
Next filing
06 Feb 2025
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 +5,230 +11% $0.000000 54,631 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $11,386 -1,779 -3.3% $6.40 52,852 07 Jan 2025 Direct
transaction DENN Common Stock Options Exercise $0 +11,905 +23% $0.000000 64,757 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $25,907 -4,048 -6.3% $6.40 60,709 07 Jan 2025 Direct
transaction DENN Common Stock Options Exercise $0 +12,344 +20% $0.000000 73,053 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $25,459 -3,978 -5.4% $6.40 69,075 07 Jan 2025 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 -5,230 -100% $0.000000 0 07 Jan 2025 Common Stock 5,230 Direct F1
transaction DENN Restricted Stock Units Options Exercise $0 -11,905 -50% $0.000000 11,905 07 Jan 2025 Common Stock 11,905 Direct F2
transaction DENN Restricted Stock Units Options Exercise $0 -12,344 -33% $0.000000 24,689 07 Jan 2025 Common Stock 12,344 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 2021 Omnibus Incentive Plan, for the third 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.
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 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.
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 2024, 2025 and 2026 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.