John W. Peyton - Jan 4, 2023 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, 2023
Transactions value $
$1,096,405
Form type
4
Date filed
1/6/2023, 03:07 PM
Previous filing
Oct 4, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIN COMMON STOCK Options Exercise $1.89M +27.6K +58.68% $68.38 74.7K Jan 4, 2023 Direct F1
transaction DIN COMMON STOCK Tax liability -$793K -11.6K -15.52% $68.38 63.1K Jan 4, 2023 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 -27.6K -100% $0.00* 0 Jan 4, 2023 COMMON STOCK 27.6K 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, 2023 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 have been settled in shares of common stock.