Howard M. Berk - Sep 29, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role
Director
Signature
/s/ Christine K. Son as attorney-in-fact for Howard M. Berk
Stock symbol
DIN
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
4
Date filed
10/3/2023, 04:05 PM
Previous filing
Jul 11, 2023
Next filing
Jan 9, 2024

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 +16.8 +1.03% $0.00 1.65K Sep 29, 2023 Common Stock 16.8 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each dividend equivalent right is the economic equivalent of one share of common stock.
F2 Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common stock underlying the applicable restricted stock units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
F3 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.