John W. Peyton - 04 Jan 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role: Chief Executive Officer, Director
Signature: /s/ Christine K. Son as attorney-in-fact for John W. Peyton
Issuer symbol: DIN
Transactions as of: 04 Jan 2023
Net transactions value: +$1,096,405
Form type: 4
Filing time: 06 Jan 2023, 15:07:17 UTC
Previous filing: 04 Oct 2022
Next filing: 10 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIN	COMMON STOCK	Options Exercise	$1,889,525	+27,633	+59%	$68.38	74,726	04 Jan 2023	Direct	F1
transaction	DIN	COMMON STOCK	Tax liability	$793,120	-11,599	-16%	$68.38	63,128	04 Jan 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	-27,633	-100%	$0.000000^*	0	04 Jan 2023	COMMON STOCK	27,633		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.