Furlow Michael L. 4
4 · DENNY'S Corp · Filed Jan 5, 2023
Insider Transaction Report
Form 4
DENNY'S CorpDENN
Furlow Michael L.
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2023-01-03+2,935→ 68,418 total - Tax Payment
Common Stock
2023-01-03$9.52/sh−871$8,292→ 67,547 total - Exercise/Conversion
Common Stock
2023-01-03+4,339→ 71,886 total - Tax Payment
Common Stock
2023-01-03$9.52/sh−1,287$12,252→ 70,599 total - Exercise/Conversion
Restricted Stock Units
2023-01-03−2,935→ 2,935 total→ Common Stock (2,935 underlying) - Exercise/Conversion
Restricted Stock Units
2023-01-03−4,339→ 8,678 total→ Common Stock (4,339 underlying)
Footnotes (2)
- [F1]Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, for the second of (3) equal installments that vests on the last day of the Company's 2021, 2022 and 2023 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.
- [F2]Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2021 Omnibus Incentive Plan, for the first of (3) equal installments that vests on the last day of the Company's 2022, 2023 and 2024 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.