DineEquity director was just granted 47 restricted shares

Larry Alan Kay, a director of DineEquity, just received 47 restricted shares from the company. The restricted shares don't become available to Kay until such time as they become vested. Kay now owns at least 5,280 restricted shares of the company.

Some additional info was provided as follows:

As previously reported, the reporting person was granted restricted stock units on February 26, 2013 that will vest on February 26, 2016. Dividend equivalent rights accrued on the previously reported restricted stock units and will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock. As previously reported, the reporting person was granted restricted stock units on February 28, 2012 that will vest on February 28, 2015. Dividend equivalent rights accrued on the previously reported restricted stock units and will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock. As previously reported, the reporting person was granted restricted stock units on March 1, 2011 that will vest on March 1, 2014. Dividend equivalent rights accrued on the previously reported restricted stock units and will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of common stock.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Additional definitive proxy soliciting materials and Rule 14(a)(12) material - April 17, 2014
Other definitive proxy statements - April 17, 2014

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