David Peter Schmidt - 07 Jan 2025 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: President, Keke's
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 07 Jan 2025
Transactions value $: -$57,824
Form type: 4
Filing time: 10 Jan 2025, 09:50:46 UTC
Previous filing: 18 Nov 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	+3.78K	+24.96%	$0.00	18.9K	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	-$7.17K	-1.12K	-5.92%	$6.40	17.8K	07 Jan 2025	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+13.5K	+75.62%	$0.00	31.3K	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	-$25.6K	-3.99K	-12.77%	$6.40	27.3K	07 Jan 2025	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+14.3K	+52.59%	$0.00	41.6K	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	-$25.1K	-3.92K	-9.42%	$6.40	37.7K	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	-3.78K	-100%	$0.00	0	07 Jan 2025	Common Stock	3.78K		Direct	F1
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-13.5K	-50%	$0.00	13.5K	07 Jan 2025	Common Stock	13.5K		Direct	F2
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-14.3K	-33.33%	$0.00	28.7K	07 Jan 2025	Common Stock	14.3K		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 first anniversary date of the grant and the remaining two installments on the last day of the Company's 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.