SEC Form 4 · accession 0001123292-18-000390
Dine Brands Global, Inc. · DIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard M Berk
Director
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049754
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 24, 2018 | M | 1,086 | $0.00 | A | 22,932 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Feb 24, 2018 | M | 1,086 | D | — | — | Common Stock | 1,086 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 22, 2018 | A | 1,527 | A | — | — | Common Stock | 1,527 | 1,527 | D |
Explanation of responses
- F1On February 24, 2015, the reporting person received 924 Restricted Stock Units ("RSUs") that were to be settled on vesting in shares of common stock on February 24, 2018. As previously reported, the reporting person has received dividend equivalent rights in connection with these RSUs. This transaction represents the vesting and settlement of the RSUs and the dividend equivalent rights in shares of common stock of the Issuer.
- F2The reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. The reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that he is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.
- F3On February 22, 2018, the issuer granted to the reporting person 1,527 Restricted Stock Units ("RSUs") all of which will be settled upon vesting in shares of common stock of the issuer. The RSUs are subject to forfeiture and restrictions and will vest on February 22, 2021 if the reporting person continues to serve as a member of the issuer's board of directors until such date.