SEC Form 4 · accession 0000852772-17-000064
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laysha Ward
Director
Period of report
May 10, 2017
Accepted (ET)
May 11, 2017 · 5:45 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 UnitF1 | — | May 10, 2017 | A | 8,306 | A | — | — | Common Stock | 8,306 | 92,267 | D |
Explanation of responses
- F1Deferred Stock Units, which were granted under the Denny's Corporation 2017 Omnibus Incentive Plan, vest 100% upon the first anniversary of the date of grant, 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.