Ward Laysha 4
4 · DENNY'S Corp · Filed May 18, 2023
Insider Transaction Report
Form 4
DENNY'S CorpDENN
Ward Laysha
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-18+11,145→ 51,271 total - Exercise/Conversion
Deferred Stock Unit
2023-05-18−11,145→ 102,538 total→ Common Stock (11,145 underlying) - Award
Deferred Stock Unit
2023-05-16+10,271→ 113,683 total→ Common Stock (10,271 underlying)
Footnotes (2)
- [F1]Deferred Stock Units, which were granted in 2021 under the Denny's Corporation 2021 Omnibus Incentive Plan, vested on May 18, 2023, the first anniversary of the date of grant and converted to common stock of the Issuer on this date.
- [F2]Deferred Stock Units, which were granted under the Denny's Corporation 2021 Omnibus Incentive Plan, vest 100% upon the first anniversary of the date of grant, and are payable on a "1-for-1" basis in common stock of the Issuer immediately following the vesting date (i.e., first anniversary of the annual DSU grant date).