SEC Form 4 · accession 0000852772-16-000196
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jill A Van Pelt
Officer — Sr. V.P., Chief People Officer
Period of report
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 6:44 pm EST
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 Stock | Dec 7, 2016 | M | 4,800 | $4.61 | A | 68,119 | D | |
| Common Stock | Dec 7, 2016 | S | 4,800 | $12.6512 | D | 63,319 | D | |
| Common Stock | Dec 7, 2016 | M | 600 | $4.45 | A | 63,919 | D | |
| Common Stock | Dec 7, 2016 | S | 600 | $12.6512 | D | 63,319 | D | |
| Common Stock | Dec 8, 2016 | M | 3,800 | $4.45 | A | 67,119 | D | |
| Common Stock | Dec 8, 2016 | S | 3,800 | $12.7227 | D | 63,319 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $4.61 | Dec 7, 2016 | M | 4,800 | D | — | Mar 6, 2017 | Common Stock | 4,800 | 0 | D |
| Employee Stock OptionF2 | $4.45 | Dec 7, 2016 | M | 600 | D | — | Jul 2, 2017 | Common Stock | 600 | 0 | D |
| Employee Stock OptionF3 | $4.45 | Dec 8, 2016 | M | 3,800 | D | — | Jul 2, 2017 | Common Stock | 3,800 | 0 | D |
Explanation of responses
- F1The option, granted on 03/06/07 pursuant to the Denny's Corporation 2004 Omnibus Incentive Plan, vests annually in 33 1/3% increments beginning on the first (1st) anniversary of the grant date and expires on the tenth (10th) anniversary of the grant date.
- F2The option, granted on 07/02/07 pursuant to the Denny's Corporation 2004 Omnibus Incentive Plan, vests annually in 33 1/3% increments beginning on the first (1st) anniversary of the grant date and expires on the tenth (10th) anniversary of the grant date.
- F3The option, granted on 07/02/07 pursuant to the Denny's Corporation 2004 Omnibus Incentive Plan, vests annually in 33 1/3% increments beginning on the first (1st) anniversary of the grant date and expires on the tenth (10th) anniversary of the grant date.