SEC Form 4 · accession 0000852772-15-000049
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laysha Ward
Director
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 12:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000852772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 22, 2015 | M | 11,450 | — | A | 11,450 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitF1 | — | May 21, 2015 | A | 9,434 | A | — | — | Common Stock | 9,434 | 95,411 | D |
| Deferred Stock UnitF2 | — | May 22, 2015 | M | 11,450 | D | — | — | Common Stock | 11,450 | 83,961 | D |
Explanation of responses
- F1Deferred Stock Units were granted under the Denny's Corporation 2012 Omnibus Incentive Plan and are payable, on a "1-for-1" basis, in common stock of the Issuer upon the reporting person's termination of service as a director of Denny's Corporation.
- F2Deferred Stock Units, which were granted in 2014 under the Denny's Corporation 2012 Omnibus Incentive Plan, vested on the date of grant and converted to common stock of the Issuer on May 22, 2015.