Kelli Valade - Jan 7, 2025 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
CEO, Director
Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
Jan 7, 2025
Transactions value $
-$202,963
Form type
4
Date filed
1/10/2025, 09:50 AM
Previous filing
Feb 1, 2024
Next filing
Feb 6, 2025

Transactions Table

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 -30.9K -100% $0.00 0 Jan 7, 2025 Common Stock 30.9K Direct F1
transaction DENN Restricted Stock Units Options Exercise $0 -46.4K -50% $0.00 46.4K Jan 7, 2025 Common Stock 46.4K Direct F2
transaction DENN Restricted Stock Units Options Exercise $0 -47.7K -33.33% $0.00 95.4K Jan 7, 2025 Common Stock 47.7K Direct F2, 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.