SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Moralejo Tony E.

(Last)

(First)

(Middle)

450 N BRAND BLVD

7TH FLOOR

(Street)

GLENDALE

91203

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/06/2023

3. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, Applebee's

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
COMMON STOCK	411	D
COMMON STOCK	1,136⁽¹⁾	D
COMMON STOCK	6,012⁽²⁾	D
COMMON STOCK	1,488⁽³⁾	D
COMMON STOCK	7,119⁽⁴⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
STOCK OPTION (RIGHT TO BUY)	⁽⁵⁾	02/26/2030	COMMON STOCK	5,820	$87.17	D
STOCK OPTION (RIGHT TO BUY)	⁽⁶⁾	03/04/2031	COMMON STOCK	2,309	$82.44	D
STOCK OPTION (RIGHT TO BUY)	⁽⁷⁾	03/04/2032	COMMON STOCK	2,257	$70.08	D
RESTRICTED STOCK UNITS	⁽⁸⁾	⁽⁸⁾	COMMON STOCK	2,204.025	$0.00⁽⁹⁾	D

Explanation of Responses:

1. Represents shares of restricted stock that will vest on February 26, 2023 subject to the reporting person's continued service with the Issuer on the vesting date.

2. Represents shares of restricted stock that will vest on March 16, 2023 subject to the reporting person's continued service with the Issuer on the vesting date.

3. Represents shares of restricted stock that will vest as to one-half of the shares on each of March 4, 2023 and 2024 subject to the reporting person's continued service with the Issuer on each vesting date.

4. Represents shares of restricted stock that will vest as to one-third of the shares on each of March 4, 2023, 2024 and 2025 subject to the reporting person's continued service with the Issuer on each vesting date.

5. The stock option was granted to the reporting person under the Issuer's 2019 Stock Incentive Plan. The option vested as to one-third of the shares on each of February 26, 2021 and 2022 and will vest as to one-third of the shares on February 26, 2023.

6. The stock option was granted to the reporting person under the Issuer's 2019 Stock Incentive Plan. The option vested as to one-third of the shares on March 4, 2022 and will vest as to one-third of the shares on each of March 4, 2023 and 2024.

7. The stock option was granted to the reporting person under the Issuer's 2019 Stock Incentive Plan. The option will vest as to one-third of the shares on each of March 4, 2023, 2024 and 2025.

8. Represents restricted stock units that will be settled in shares of common stock on March 4, 2025 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 March 4, 2025.

9. Granted as compensation for services.

Remarks:

	/s/ Christine K. Son as attorney-in-fact for Tony E. Moralejo	01/17/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.