Howard M. Berk - Apr 3, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role
Director
Signature
/s/ Howard M. Berk
Stock symbol
DIN
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 08:22 PM
Previous filing
Mar 7, 2023
Next filing
Jul 11, 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 +12.1 +0.75% $0.00 1.61K Apr 3, 2023 Common Stock 12.1 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 3, 2023 that will vest on March 3, 2024. 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.