Stephen C. Dunn - 07 Jan 2025 Form 4 Insider Report for DENNY'S Corp (DENN)

Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol
DENN
Transactions as of
07 Jan 2025
Net transactions value
-$49,389
Form type
4
Filing time
10 Jan 2025, 09:51:07 UTC
Previous filing
01 Feb 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +4,451 +5% $0.000000 92,640 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $10,214 -1,596 -1.7% $6.40 91,044 07 Jan 2025 Direct
transaction DENN Common Stock Options Exercise $0 +8,422 +9.3% $0.000000 99,466 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $19,328 -3,020 -3% $6.40 96,446 07 Jan 2025 Direct
transaction DENN Common Stock Options Exercise $0 +8,649 +9% $0.000000 105,095 07 Jan 2025 Direct
transaction DENN Common Stock Tax liability $19,846 -3,101 -3% $6.40 101,994 07 Jan 2025 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 -4,451 -100% $0.000000 0 07 Jan 2025 Common Stock 4,451 Direct F2
transaction DENN Restricted Stock Units Options Exercise $0 -8,422 -50% $0.000000 8,423 07 Jan 2025 Common Stock 8,422 Direct F3
transaction DENN Restricted Stock Units Options Exercise $0 -8,649 -33% $0.000000 17,300 07 Jan 2025 Common Stock 8,649 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 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.
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 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.
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 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.