DENNY'S Corp — Director's Dealing 2014

Aug 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DENNYS CORP (DENN)
CIK: 0000852772
Period of Report: 2014-07-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-31	Common Stock	M	11875	$1.67	Acquired	82625	Direct
2014-07-31	Common Stock	S	11875	$6.9125	Disposed	70750	Direct
2014-07-31	Common Stock	M	10100	$4.61	Acquired	80850	Direct
2014-07-31	Common Stock	S	10100	$6.9125	Disposed	70750	Direct
2014-07-31	Common Stock	M	30000	$2.42	Acquired	100750	Direct
2014-07-31	Common Stock	S	30000	$6.9125	Disposed	70750	Direct
2014-07-31	Common Stock	M	22400	$2.59	Acquired	93150	Direct
2014-07-31	Common Stock	S	22400	$6.9125	Disposed	70750	Direct
2014-07-31	Common Stock	M	7700	$4.45	Acquired	78450	Direct
2014-07-31	Common Stock	S	7700	$6.9125	Disposed	70750	Direct
2014-08-01	Common Stock	M	2200	$1.67	Acquired	72950	Direct
2014-08-01	Common Stock	S	2200	$6.85	Disposed	70750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-31	Employee Stock Option	$1.67	M	11875	Disposed	2019-03-31	Common Stock (11875)	Direct
2014-07-31	Employee Stock Option	$4.61	M	10100	Disposed	2017-03-06	Common Stock (10100)	Direct
2014-07-31	Employee Stock Option	$2.42	M	30000	Disposed	2014-11-10	Common Stock (30000)	Direct
2014-07-31	Employee Stock Option	$2.59	M	22400	Disposed	2018-03-17	Common Stock (22400)	Direct
2014-07-31	Employee Stock Option	$4.45	M	7700	Disposed	2016-03-14	Common Stock (7700)	Direct
2014-08-01	Employee Stock Option	$1.67	M	2200	Disposed	2019-03-31	Common Stock (2200)	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 03/06/07 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 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.

F4: 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.

F5: The option, granted on 03/14/06 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.