Dine Brands Global, Inc. — Director's Dealing 2012

May 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DineEquity, Inc (DIN)
CIK: 0000049754
Period of Report: 2012-05-11

Reporting Person: GORDON MICHAEL STEPHEN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-11	COMMON STOCK	M	5000	$35.03	Acquired	61700	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-11	STOCK OPTION (RIGHT TO BUY)	$35.03	M	5000	Disposed	2012-05-15	COMMON STOCK (5000)	Direct

Footnotes

F1: Shares held by The Mikel Gordon Trust dated 1/29/1988.

F2: On May 15, 2002, the reporting person was granted an option to purchase 5,000 shares of common stock which vested as to one-third of the shares on each of May 15, 2003, 2004, and 2005.