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DENN > SEC Filings for DENN > Form 8-K on 25-Jan-2013All Recent SEC Filings

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Form 8-K for DENNYS CORP


25-Jan-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 23, 2013, the Board of Directors (the "Board") of Denny's Corporation (the "Company") appointed José M. Gutiérrez to serve as a director of the Company. Mr. Gutiérrez will be paid the same rate of compensation as the Company's other non-employee directors, which includes cash payments of $75,000 per year, payable in quarterly installments of $18,750, and an annual award of deferred stock units, valued at $75,000. Mr. Gutiérrez will receive a pro-rata portion of these cash and equity awards granted to directors for the remaining 2012/2013 board term. There are no arrangements between Mr. Gutiérrez and any other person pursuant to which Mr. Gutiérrez was selected as a director, nor are there any transactions to which the Company or any subsidiary thereof is a party and in which Mr. Gutiérrez has a material interest subject to disclosure under Item 404(a) of Regulation S-K.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 -- Press release issued by Denny's Corporation on January 25, 2013.


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