SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
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1. Name and Address of Reporting Person*
Gilmore Jay C
(Last) (First) (Middle)
DENNY'S CORPORATION
203 EAST MAIN STREET
(Street)
SPARTANBURG SC 29319
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DENNY'S Corp [ DENN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP, CAO & Corp. Controller
3. Date of Earliest Transaction (Month/Day/Year)
01/03/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/03/2024 M 2,426 A $0 100,807 D
Common Stock 01/03/2024 F 1,242 D $10.82 99,565 D
Common Stock 01/03/2024 M 2,937 A $0 102,502 D
Common Stock 01/03/2024 F 1,503 D $10.82 100,999 D
Common Stock 01/03/2024 M 6,235 A $0 107,234 D
Common Stock 01/03/2024 F 3,187 D $10.82 104,047(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 01/03/2024 M 2,426 (2) (2) Common Stock 2,426 $0 0 D
Restricted Stock Units (3) 01/03/2024 M 2,937 (3) (3) Common Stock 2,937 $0 2,938 D
Restricted Stock Units (4) 01/03/2024 M 6,235 (4) (4) Common Stock 6,235 $0 12,472 D
Explanation of Responses:
1. Not included in Column 5 are 30,123 fully vested performance shares and restricted stock units that have been previously deferred under the Denny's, Inc. Deferred Compensation Plan and that will be payable by issuance of shares on the applicable deferred payment date under the Deferred Compensation Plan.
2. Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2017 Omnibus Incentive Plan, for the third of (3) equal installments that vests on the last day of the Company's 2021, 2022 and 2023 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.
3. Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2021 Omnibus Incentive Plan, for the second of (3) equal installments that vests on the last day of the Company's 2022, 2023 and 2024 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.
4. Reflects the partial payout of the restricted stock units, previously granted under the Denny's Corporation 2021 Omnibus Incentive Plan, for the first of (3) equal installments that vests on the last day of the Company's 2023, 2024 and 2025 fiscal years and are payable on a "1-for-1" basis in common stock of the Issuer within 30 days of the vesting date, subject to continued employment with the Issuer through such date, unless vesting is accelerated due to retirement, death, disability or change of control.
Remarks:
/s/ Jasmine E. Taylor, Attorney-in-Fact 01/05/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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