John W. Peyton - Jan 4, 2022 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Signature
/s/ Christine K. Son as attorney-in-fact for John W. Peyton
Stock symbol
DIN
Transactions as of
Jan 4, 2022
Transactions value $
$1,211,883
Form type
4
Date filed
1/5/2022, 07:08 PM
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIN COMMON STOCK Options Exercise $2.12M +26.9K +192.01% $78.95 40.9K Jan 4, 2022 Direct F1
transaction DIN COMMON STOCK Tax liability -$912K -11.6K -28.24% $78.95 29.4K Jan 4, 2022 Direct F2

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 Options Exercise $0 -26.9K -50% $0.00 26.9K Jan 4, 2022 COMMON STOCK 26.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the vesting of restricted stock units in shares of common stock of the Issuer.
F2 These shares were withheld by the Issuer to satisfy the tax withholding obligations of the reporting person with respect to the vesting on January 4, 2022 of restricted stock units held by the reporting person.
F3 On January 4, 2021, the reporting person was granted 53,805 restricted stock units pursuant to an Employment Agreement between the reporting person and the Issuer. Per the terms of the Employment Agreement, the remaining restricted stock units will be settled in shares of common stock on January 4, 2023, subject to the reporting person's continued service with the Issuer through the vesting date.