SEC Form 4 · accession 0001209191-16-102009
Dine Brands Global, Inc. · DIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Jakubek
Officer — SVP, HUMAN RESOURCES
Period of report
Feb 23, 2016
Accepted (ET)
Feb 24, 2016 · 5:36 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 STOCK | Feb 23, 2016 | M | 18,500 | $5.55 | A | 28,751 | D | |
| COMMON STOCKF1 | Feb 23, 2016 | S | 2,700 | $84.24 | D | 26,051 | D | |
| COMMON STOCKF2 | Feb 23, 2016 | S | 10,792 | $85.503 | D | 15,259 | D | |
| COMMON STOCKF3 | Feb 23, 2016 | S | 5,008 | $85.91 | D | 10,251 | D | |
| COMMON STOCK | Feb 23, 2016 | M | 7,500 | $47.90 | A | 17,751 | D | |
| COMMON STOCKF4 | Feb 23, 2016 | S | 7,500 | $86.033 | D | 10,251 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY)F6,F5 | $5.55 | Feb 23, 2016 | M | 18,500 | D | — | Feb 23, 2019 | COMMON STOCK | 18,500 | 0 | D |
| STOCK OPTION (RIGHT TO BUY)F6,F7 | $47.90 | Feb 23, 2016 | M | 7,500 | D | — | Mar 31, 2018 | COMMON STOCK | 7,500 | 7,500 | D |
Explanation of responses
- F1The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $83.76 to $84.72, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
- F2The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $84.89 to $85.85, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
- F3The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $85.90 to $85.98, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
- F4The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $85.87 to $86.10, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
- F5The stock option was granted to the reporting person under the Issuer's Amended and Restated Equity Incentive Plan. The option vested as to one-third of the shares on each of February 23, 2010, 2011 and 2012.
- F6Granted as compensation for services.
- F7The stock option was granted to the reporting person under the Issuer's Amended and Restated Equity Incentive Plan. The option vested as to one-third of the shares on each of March 31, 2009, 2010 and 2011.