SEC Form 4 · accession 0000852772-16-000161
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Weaver Haywood
Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 9, 2016 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000852772
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | — | Aug 8, 2016 | D | 9,285 | D | — | — | Common Stock | 9,285 | 64,478 | D |
| Deferred Stock UnitsF2 | — | Aug 8, 2016 | A | 9,285 | A | — | — | Common Stock | 9,285 | 73,763 | D |
Explanation of responses
- F1Deferred Stock Units, which were granted under the Denny's Corporation 2012 Omnibus Incentive Plan on May 24, 2016, and vest 100% and convert to common stock of the Issuer on May 24, 2017, were cancelled and rescinded. The reporting person received a replacement award of deferred stock units, which is described in Footnote (2).
- F2Deferred Stock Units, which were granted under the Denny's Corporation 2012 Omnibus Incentive Plan on August 8, 2016, and vest and convert to common stock of the Issuer in three equal annual installments beginning on August 8, 2017, were granted as a replacement award in connection with the cancellation and rescission of the deferred stock units described in Footnote (1).