Dine Brands Global, Inc. — Director's Dealing 2007

Oct 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IHOP CORP (IHP)
CIK: 0000049754
Period of Report: 2007-09-04

Reporting Person: CONFORTI THOMAS G (CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-04	Restricted Stock	$	A	2500	Acquired		Common Stock (2500)	Direct
2007-10-25	Restricted Stock	$	A	8500	Acquired		Common Stock (8500)	Direct
2007-10-09	Performance Shares	$	A	2500	Acquired		Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	215	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$		Common Stock ()	61667	Direct
Restricted Stock	$		Common Stock ()	3800	Direct
Performance Shares	$		Common Stock ()	2500	Direct

Footnotes

F1: Shares held in the IHOP Corp. 401(k) plan.

F2: Employee Stock Options granted pursuant to IHOP Corp. 2001 Stock Incentive Plan.

F3: Grant of Restricted Stock pursuant to IHOP Corp. 2001 Stock Incentive Plan. These shares vest in full on March 1, 2009.

F4: Grant of Restricted Stock pursuant to IHOP Corp. 2001 Incentive Plan. These shares vest in full on February 20, 2010.

F5: Grant of Restricted Stock pursuant to IHOP Corp. 2001 Incentive Plan. These shares vest after the closing date of the Applebee's Acquisition in increments of 25% of shares after the 6 months, 25% of shares after the 12 months and 50% of shares after 24 months.

F6: Performance shares awarded under the IHOP Corp. 2001 Stock Incentive Plan. The award vests on January 1, 2008, for a percentage (0% to 150%) of the performance shares awarded based, in part, upon the Issuer's total shareholder return compared to the total shareholder return of a selected peer group and, in part, on the Issuer's generation of aggregate net cash flow from operations, as compared to pre-determined targets. Performance shares are payable one-half in cash and one-half in shares of the Issuer's Common Stock. The amount set forth in Column 5 represents the one-half portion of the award payable in shares of the Issuer's common stock.

F7: Performance shares awarded under the IHOP Corp. 2001 Stock Incentive Plan. The award vests on January 1, 2010, for a percentage (0% to 150%) of the performance shares awarded based, in part, upon the Issuer's total shareholder return compared to the total shareholder return of a selected peer group and, in part, on the Issuer's generation of aggregate net cash flow from operations, as compared to pre-determined targets. Performance shares are payable one-half in cash and one-half in shares of the Issuer's Common Stock. The amount set forth in Column 5 represents the one-half portion of the award payable in shares of the Issuer's common stock.