SEC Form 4 · accession 0000852772-18-000028
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Miller
Officer — CEO and President · Director
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 5:23 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 | Feb 21, 2018 | M | 56,300 | $3.89 | A | 853,326 | D | |
| Common Stock | Feb 21, 2018 | S | 56,300 | $15.0305 | D | 797,026 | D | |
| Common Stock | Feb 22, 2018 | M | 16,117 | $3.89 | A | 813,143 | D | |
| Common Stock | Feb 22, 2018 | S | 16,117 | $15.0664 | D | 797,026 | 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 | $3.89 | Feb 21, 2018 | M | 56,300 | D | — | Feb 1, 2021 | Common Stock | 56,300 | 143,700 | D |
| Employee Stock OptionF1 | $3.89 | Feb 22, 2018 | M | 16,117 | D | — | Feb 1, 2021 | Common Stock | 16,117 | 127,583 | D |
Explanation of responses
- F1The option, granted on 2/01/11 as an inducement award pursuant to Nasdaq Listing Rule 5635(c)(4), 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.