John W. Peyton - 07 Jan 2022 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: DIN
Reported as of: 07 Jan 2022
Net transaction value: +$5,386
SEC form: 4
Accepted by SEC: 11 Jan 2022, 17:19:36 UTC
Prior SEC filing: 05 Jan 2022
Next SEC filing: 08 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Christine K. Son as attorney-in-fact for John W. Peyton

Key filing fact

John W. Peyton filed Form 4 for Dine Brands Global, Inc. (DIN) on 11 Jan 2022.

Key facts

This page summarizes John W. Peyton's Form 4 filing for Dine Brands Global, Inc. (DIN).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 11 Jan 2022, 17:19.

Change

Previous filing in this sequence was filed on 05 Jan 2022.
Current net transaction value: +$5,386.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DIN transaction

COMMON STOCK

Options Exercise

Transaction value: $10,761
Shares: +140
Change %: +0.48%
Price: $76.79
Shares after: 29,501
Date: 07 Jan 2022
Ownership: Direct
Footnotes: F1

DIN transaction

COMMON STOCK

Tax liability

Transaction value: $5,375
Shares: -70
Change %: -0.24%
Price: $76.79
Shares after: 29,431
Date: 07 Jan 2022
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DIN transaction Derivative

RESTRICTED STOCK UNITS (DIVIDEND EQUIVALENT RIGHTS)

Award

Transaction value: $0
Shares: +280
Change %: +1%
Price: $0.000000
Shares after: 27,183
Date: 07 Jan 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 280
Exercise price
Footnotes: F3

DIN transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value: $0
Shares: -140
Change %: -0.52%
Price: $0.000000
Shares after: 27,043
Date: 07 Jan 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 140
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This transaction represents the issuance of shares of common stock of the Issuer on January 7, 2022 in settlement of dividend equivalent rights that accrued on January 7, 2022 on restricted stock units that became vested on January 4, 2022. The fractional portion was paid out in cash in accordance with the award agreement.

Footnote F2

These shares were withheld by the Issuer to satisfy the tax withholding obligations of the reporting person with respect to the settlement on January 7, 2022 of shares of common stock of the Issuer issued with respect to dividend equivalent rights held by the reporting person.

Footnote F3

As previously reported, the reporting person was granted 53,805 restricted stock units on January 4, 2021 that vested as to one half on January 4, 2022 and will vest as to one half on January 4, 2023. On January 7, 2021, dividend equivalent rights accrued on the previously reported restricted stock units and vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of the dividend paid on one share of common stock, and is converted into additional restricted stock units of equal value.