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

Role: Sr. VP, CAO & Corp. Controller
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 07 Jan 2025
Net transactions value: -$50,419
Form type: 4
Filing time: 10 Jan 2025, 09:51:18 UTC
Previous filing: 18 Jun 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	+2,938	+2.4%	$0.000000	124,165	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	$9,165	-1,432	-1.2%	$6.40	122,733	07 Jan 2025	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+6,236	+5.1%	$0.000000	128,969	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	$20,134	-3,146	-2.4%	$6.40	125,823	07 Jan 2025	Direct
transaction	DENN	Common Stock	Options Exercise	$0	+6,541	+5.2%	$0.000000	132,364	07 Jan 2025	Direct
transaction	DENN	Common Stock	Tax liability	$21,120	-3,300	-2.5%	$6.40	129,064	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	-2,938	-100%	$0.000000	0	07 Jan 2025	Common Stock	2,938		Direct	F2
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-6,236	-50%	$0.000000	6,236	07 Jan 2025	Common Stock	6,236		Direct	F3
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-6,541	-33%	$0.000000	13,082	07 Jan 2025	Common Stock	6,541		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 30,123 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.