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Dine Brands Global, Inc. — Director's Dealing 2017
Sep 12, 2017
33096_dirs_2017-09-12_c2bf9153-1d81-467e-8327-dbfffe37547a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DineEquity, Inc (DIN)
CIK: 0000049754
Period of Report: 2017-09-12
Reporting Person: Joyce Stephen P (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-12 | RESTRICTED STOCK UNITS | $ | A | 75000 | Acquired | COMMON STOCK (75000) | Direct | |
| 2017-09-12 | RESTRICTED STOCK UNITS | $ | A | 175000 | Acquired | COMMON STOCK (175000) | Direct | |
| 2017-09-12 | STOCK OPTION (RIGHT TO BUY) | $40.58 | A | 350000 | Acquired | 2031-02-01 | COMMON STOCK (350000) | Direct |
Footnotes
F1: On September 12, 2017, the reporting person was granted 75,000 restricted stock units pursuant to an Employment Agreement between the reporting person and the Issuer. Per the terms of the Employment Agreement, the 75,000 restricted stock units will be settled in shares of common stock on February 1, 2021, subject to the reporting person's continued service with the Issuer through the vesting date.
F2: Granted as compensation for services.
F3: On September 12, 2017, the reporting person was granted 175,000 restricted stock units pursuant to an Employment Agreement between the reporting person and the Issuer. Per the terms of the Employment Agreement, the 175,000 restricted stock units will be settled in shares of common stock to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date of February 1, 2021.
F4: Pursuant to an Employment Agreement between the reporting person and the Issuer, this option to purchase 350,000 shares of common stock will vest to the extent the reporting person achieves certain performance criteria and subject to the reporting person's continued service with the Issuer through the vesting date of February 1, 2021.