Fajemirokun-Beck Olufunlayo Olurinde 4
4 · DENNY'S Corp · Filed May 18, 2023
Insider Transaction Report
Form 4
DENNY'S CorpDENN
Transactions
- Award
Deferred Stock Unit
2023-05-16+10,271→ 27,723 total→ Common Stock (10,271 underlying) - Exercise/Conversion
Deferred Stock Unit
2023-05-18−11,145→ 16,578 total→ Common Stock (11,145 underlying) - Exercise/Conversion
Common Stock
2023-05-18+11,145→ 11,145 total
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 in three (3) equal installments on the first, second and third anniversaries of the reporting person's termination of service as a director of Denny's Corporation.