SEC Form 4 · accession 0001209191-19-013192
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
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 6:38 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 21, 2019 | M | 6,990 | $52.37 | A | 23,397 | D | |
| COMMON STOCKF1 | Feb 21, 2019 | S | 6,990 | $99.50 | D | 16,407 | D | |
| COMMON STOCKF2,F3 | Feb 25, 2019 | A | 2,001 | $0.00 | A | 18,408 | 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)F4 | $52.37 | Feb 21, 2019 | M | 6,990 | D | — | Feb 28, 2022 | COMMON STOCK | 6,990 | 0 | D |
| STOCK OPTION (RIGHT TO BUY)F3,F5 | $98.97 | Feb 25, 2019 | A | 9,303 | A | — | Feb 25, 2029 | COMMON STOCK | 9,303 | 9,303 | D |
Explanation of responses
- F1The shares were sold in multiple transactions at the price reported. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 28, 2018.
- F2Represents shares of restricted stock that will vest on February 25, 2022.
- F3Granted as compensation for services.
- F4This option to purchase 6,990 shares of common stock vested as to one third on each of February 28, 2013, 2014 and 2015.
- F5This option to purchase shares of common stock will vest as to one-third on each of February 25, 2020, 2021 and 2022.