SEC Form 4 · accession 0000852772-18-000038
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Mark Wolfinger
Officer — EVP, Chief Admin Officer & CFO · Director
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 6:38 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 | Mar 5, 2018 | M | 15,000 | $2.59 | A | 730,894 | D | |
| Common Stock | Mar 5, 2018 | S | 15,000 | $15.5416 | D | 715,894 | D | |
| Common Stock | Mar 5, 2018 | M | 9,380 | $2.59 | A | 725,274 | D | |
| Common Stock | Mar 5, 2018 | S | 9,380 | $15.5847 | D | 715,894 | 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 | $2.59 | Mar 5, 2018 | M | 15,000 | D | — | Mar 17, 2018 | Common Stock | 15,000 | 9,380 | D |
| Employee Stock OptionF1 | $2.59 | Mar 5, 2018 | M | 9,380 | D | — | Mar 17, 2018 | Common Stock | 9,380 | 0 | D |
Explanation of responses
- F1The option, granted on 3/17/08 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.