Tony E. Moralejo - Jul 7, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role
President, Applebee's
Signature
/s/ Christine K. Son as attorney-in-fact for Tony E. Moralejo
Stock symbol
DIN
Transactions as of
Jul 7, 2023
Transactions value $
$0
Form type
4
Date filed
7/11/2023, 02:26 PM
Previous filing
Apr 5, 2023
Next filing
Oct 3, 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 +19.7 +0.89% $0.00 2.24K Jul 7, 2023 COMMON STOCK 19.7 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 share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.