SEC Form 4 · accession 0001209191-17-052505
Dine Brands Global, Inc. · DIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen P Joyce
Officer — Chief Executive Officer · Director
Period of report
Sep 12, 2017
Accepted (ET)
Sep 12, 2017 · 8:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049754
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Sep 12, 2017 | A | 75,000 | A | — | — | COMMON STOCK | 75,000 | 75,000 | D |
| RESTRICTED STOCK UNITSF2,F3 | — | Sep 12, 2017 | A | 175,000 | A | — | — | COMMON STOCK | 175,000 | 175,000 | D |
| STOCK OPTION (RIGHT TO BUY)F2,F4 | $40.58 | Sep 12, 2017 | A | 350,000 | A | — | Feb 1, 2031 | COMMON STOCK | 350,000 | 350,000 | D |
Explanation of responses
- F1On September 12, 2017, the reporting person was granted 75,000 restricted stock units pursuant to an Employment Agreement between the reporting person and the Issuer. Per the terms of the Employment Agreement, the 75,000 restricted stock units will be settled in shares of common stock on February 1, 2021, subject to the reporting person's continued service with the Issuer through the vesting date.
- F2Granted as compensation for services.
- F3On September 12, 2017, the reporting person was granted 175,000 restricted stock units pursuant to an Employment Agreement between the reporting person and the Issuer. Per the terms of the Employment Agreement, the 175,000 restricted stock units will be settled in shares of common stock to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date of February 1, 2021.
- F4Pursuant to an Employment Agreement between the reporting person and the Issuer, this option to purchase 350,000 shares of common stock will vest to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date of February 1, 2021.