Vance Y. Chang - Sep 29, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Signature
/s/ Christine K. Son as attorney-in-fact for Vance Chang
Stock symbol
DIN
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
4
Date filed
10/3/2023, 04:06 PM
Previous filing
Jul 11, 2023
Next filing
Nov 7, 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 +46.2 +1.03% $0.00 4.53K Sep 29, 2023 COMMON STOCK 46.2 Direct F1, F2
* 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.