John C. Miller - May 20, 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Role
Chief Executive Officer, Director
Signature
/s/ Jasmine E. Taylor, Attorney-in-Fact
Stock symbol
DENN
Transactions as of
May 20, 2022
Transactions value $
-$908,310
Form type
4
Date filed
5/24/2022, 08:04 PM
Previous filing
Feb 4, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DENN Common Stock Options Exercise $0 +230K +29.05% $0.00 1.02M May 20, 2022 Direct
transaction DENN Common Stock Tax liability -$908K -94.2K -9.23% $9.64 927K May 20, 2022 Direct

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 DENN Restricted Stock Units Options Exercise $0 -230K -100% $0.00* 0 May 20, 2022 Common Stock 230K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, that vested 100% upon the second anniversary of the grant date and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date.