SEC Form 4 · accession 0001209191-16-103927
Dine Brands Global, Inc. · DIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julia A Stewart
Officer — CHAIRMAN AND CEO · Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 4:12 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 STOCKF1,F2 | Feb 26, 2016 | A | 14,522 | $0.00 | A | 55,709 | D | |
| COMMON STOCKF3 | Feb 26, 2016 | F | 6,224 | $90.90 | D | 49,485 | D | |
| COMMON STOCKF4 | Feb 29, 2016 | S | 7,918 | $90.546 | D | 41,567 | D | |
| COMMON STOCKF5 | Feb 29, 2016 | S | 468 | $91.318 | D | 41,099 | D | |
| COMMON STOCKF6 | holding | — | — | — | 64,702 | I | BY TRUST | |
| COMMON STOCKF7 | holding | — | — | — | 631 | I | BY 401(K) PLAN |
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)F2,F8 | $90.90 | Feb 26, 2016 | A | 100,370 | A | — | Feb 26, 2026 | COMMON STOCK | 100,370 | 100,370 | D |
Explanation of responses
- F1Represents shares of restricted stock that will vest on February 26, 2019.
- F2Granted as compensation for services.
- F3These shares were withheld to satisfy the tax withholding obligations of the reporting person with respect to the vesting on February 26, 2016 of 14,610 shares of restricted stock held by the reporting person.
- F4The price reported is the average weighted price. The shares were sold in multiple transactions at a price ranging from $90.10 to $91.06, 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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2015.
- F5The price reported is the average weighted price. The shares were sold in multiple transactions at a price ranging from $91.23 to $91.51, 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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2015.
- F6The reporting person is the sole trustee and beneficiary of the Julia Stewart Trust.
- F7These shares are held in the DineEquity, Inc. 401(k) plan.
- F8This option to purchase 100,370 shares of common stock will vest as to one-third of the shares on each of February 26, 2017, 2018 and 2019.