SEC Form 4 · accession 0000852772-16-000162
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenda J Lauderback
Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 9, 2016 · 4:36 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 | 14,392 | D | — | — | Common Stock | 14,392 | 141,780 | 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Plan on May 24, 2016, and vest 100% and convert to common stock of the Issuer on May 24, 2017, were cancelled and rescinded.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 consisting of a right to receive a cash payment equal to $161,200, which vests and becomes payable on May 24, 2017.