SEC Form 4 · accession 0000852772-19-000011
DENNYS CORP · DENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay C Gilmore
Officer — VP, CAO & Corporate Controller
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 6:10 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 StockF1 | Feb 13, 2019 | A | 7,121 | $0.00 | A | 98,885 | D | |
| Common Stock | Feb 13, 2019 | F | 2,469 | $18.23 | D | 96,416 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2 | — | Feb 13, 2019 | A | 10,680 | A | — | — | Common Stock | 10,680 | 10,680 | D |
Explanation of responses
- F1Reflects the payout of performance shares earned under the Denny's 2016 Long-Term Incentive Program.
- F2Performance Share Units, which were granted under the Denny's Corporation 2012 Omnibus Incentive Plan, having vested on 12/26/18, were deferred pursuant to the Denny's, Inc. Deferred Compensation Plan as of the transaction date and are payable on a "1-for-1" basis in common stock of the Issuer upon the reporting person's termination of service as an employee of Denny's, Inc. pursuant to his/her deferral election.