Howard M. Berk - Jan 6, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role: Director
Signature: /s/ Howard M. Berk
Stock symbol: DIN
Transactions as of: Jan 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/10/2023, 06:06 PM
Previous filing: Oct 4, 2022
Next filing: Mar 15, 2023

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	DIN	Restricted Stock Units (Dividend Equivalent Rights)	Award	$0	+11.4	+0.75%	$0.00	1.54K	Jan 6, 2023	Common Stock	11.4		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously reported, the reporting person was granted restricted stock units ("RSUs") on March 4, 2022 that will vest on March 4, 2023. Dividend equivalent rights accrued on the previously reported RSUs and will vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock.
F2	The reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Act"). The reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that he is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.

Content

As previously reported, the reporting person was granted restricted stock units ("RSUs") on March 4, 2022 that will vest on March 4, 2023. Dividend equivalent rights accrued on the previously reported RSUs and will vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock.

The reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Act"). The reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that he is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.