DENNY'S Corp — Director's Dealing 2014

Aug 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DENNYS CORP (DENN)
CIK: 0000852772
Period of Report: 2014-08-04

Reporting Person: Dunn Stephen C. (Sr. V.P., Global Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-04	Common Stock	M	18625	$1.67	Acquired	89375	Direct
2014-08-04	Common Stock	S	18625	$6.7636	Disposed	70750	Direct
2014-08-04	Common Stock	M	30300	$3.89	Acquired	101050	Direct
2014-08-04	Common Stock	S	30300	$6.7636	Disposed	70750	Direct
2014-08-04	Common Stock	M	35000	$2.36	Acquired	105750	Direct
2014-08-04	Common Stock	S	35000	$6.7636	Disposed	70750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-04	Employee Stock Option	$1.67	M	18625	Disposed	2019-03-31	Common Stock (18625)	Direct
2014-08-04	Employee Stock Option	$3.89	M	30300	Disposed	2021-02-01	Common Stock (30300)	Direct
2014-08-04	Employee Stock Option	$2.36	M	35000	Disposed	2020-01-26	Common Stock (35000)	Direct

Footnotes

F1: 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.

F2: The option, granted on 02/01/11 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.

F3: The option, granted on 01/26/10 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.