MARCHIOLI NELSON J 4
4 · DENNYS CORP · Filed Jul 27, 2009
Insider Transaction Report
Form 4
DENNYS CORPDENN
MARCHIOLI NELSON J
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2009-07-23+89,999→ 1,189,628 total - Tax Payment
Common Stock
2009-07-23$2.20/sh−39,105$86,031→ 1,150,523 total - Exercise/Conversion
Performance-based Restricted Stock Units
2009-07-23−89,999→ 230,801 totalExp: 2011-07-16→ Common Stock (89,999 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (RSU's) vested on July 16, 2009 and converted to common stock of the Issuer on July 23, 2009, on a 1-for-1 basis after giving effect to a downward adjustment to the target number of RSU's originally granted based on a decrease in the Issuer's stock price over the vesting period.