Vance Y. Chang - Jan 6, 2023 Form 4 Insider Report for Dine Brands Global, Inc. (DIN)

Role: Chief Financial Officer
Signature: /s/ Christine K. Son as attorney-in-fact for Vance Y. Chang
Stock symbol: DIN
Transactions as of: Jan 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/10/2023, 05:39 PM
Previous filing: Oct 4, 2022
Next filing: Mar 22, 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	+32.7	+0.75%	$0.00	4.41K	Jan 6, 2023	COMMON STOCK	32.7		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was granted restricted stock units on March 4, 2022 that will vest on March 4, 2025 to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date. Dividend equivalent rights accrued on the previously reported restricted stock units and will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock.

Content

The reporting person was granted restricted stock units on March 4, 2022 that will vest on March 4, 2025 to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date. Dividend equivalent rights accrued on the previously reported restricted stock units and will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock.