SEC Form 4 · accession 0001209191-16-106506
Dine Brands Global, Inc. · DIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan R Adel
Officer — SVP, LEGAL, GC AND SECRETARY
Period of report
Mar 4, 2016
Accepted (ET)
Mar 7, 2016 · 4:10 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 | Mar 4, 2016 | M | 5,000 | $30.67 | A | 18,888 | D | |
| COMMON STOCKF1 | Mar 4, 2016 | S | 5,000 | $94.224 | D | 13,888 | 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)F2 | $30.67 | Mar 4, 2016 | M | 5,000 | D | — | Aug 13, 2020 | COMMON STOCK | 5,000 | 0 | D |
Explanation of responses
- F1The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $94.22 to $94.26, 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.
- F2This option to purchase 40,000 shares of common stock vested as to one-third of the shares on each of August 13, 2011, 2012 and 2013.