DENNY'S Corp — Director's Dealing 2012

Aug 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DENNYS CORP (DENN)
CIK: 0000852772
Period of Report: 2012-08-14

Reporting Person: Gilmore Jay C (VP, CAO & Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-14	Common Stock	M	3535	$2.59	Acquired	51658	Direct
2012-08-14	Common Stock	S	3535	$4.72	Disposed	48123	Direct
2012-08-14	Common Stock	M	6666	$2.42	Acquired	54789	Direct
2012-08-14	Common Stock	S	6666	$4.72	Disposed	48123	Direct
2012-08-14	Common Stock	M	2257	$1.67	Acquired	50380	Direct
2012-08-14	Common Stock	S	2257	$4.67	Disposed	48123	Direct
2012-08-15	Common Stock	M	6186	$2.59	Acquired	54309	Direct
2012-08-15	Common Stock	S	6186	$4.67	Disposed	48123	Direct
2012-08-15	Common Stock	M	6667	$2.42	Acquired	54790	Direct
2012-08-15	Common Stock	S	6667	$4.65	Disposed	48123	Direct
2012-08-15	Common Stock	M	20943	$1.67	Acquired	69066	Direct
2012-08-15	Common Stock	S	20943	$4.65	Disposed	48123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-14	Employee Stock Option	$2.59	M	3535	Disposed	2018-03-17	Common Stock (3535)	Direct
2012-08-14	Employee Stock Option	$2.42	M	6666	Disposed	2014-11-10	Common Stock (6666)	Direct
2012-08-14	Employee Stock Option	$1.67	M	2257	Disposed	2019-03-31	Common Stock (2257)	Direct
2012-08-15	Employee Stock Option	$2.59	M	6186	Disposed	2018-03-17	Common Stock (6186)	Direct
2012-08-15	Employee Stock Option	$2.42	M	6667	Disposed	2014-11-10	Common Stock (6667)	Direct
2012-08-15	Employee Stock Option	$1.67	M	20943	Disposed	2019-03-31	Common Stock (20943)	Direct

Footnotes

F1: The option, granted on 03/17/08 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.

F2: The option, granted on 11/10/04 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.

F3: The option, granted on 03/31/09 pursuant to the Denny's Corporation 2008 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.