F. MARK WOLFINGER - 20 May 2022 Form 4 Insider Report for DENNY'S Corp (DENN)

Role: President, Director
Signature: /s/ Jasmine E. Taylor, Attorney-in-Fact
Issuer symbol: DENN
Transactions as of: 20 May 2022
Transactions value $: -$279,820
Form type: 4
Filing time: 24 May 2022, 20:03:35 UTC
Previous filing: 04 Feb 2022
Next filing: 06 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DENN	Common Stock	Options Exercise	$0	+65.2K	+7.99%	$0.00	881K	20 May 2022	Direct
transaction	DENN	Common Stock	Tax liability	-$280K	-29K	-3.29%	$9.64	852K	20 May 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DENN	Restricted Stock Units	Options Exercise	$0	-65.2K	-100%	$0.00^*	0	20 May 2022	Common Stock	65.2K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, that vested 100% upon the second anniversary of the grant date and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date.