IHOP 2015 Annual Report Download - page 45

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On February 23, 2016, our Board of Directors approved payment of a cash dividend of $0.92 per share of common stock,
payable at the close of business on April 8, 2016 to the stockholders of record as of the close of business on March 18, 2016.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of December 31, 2015, regarding shares outstanding and available for issuance
under our existing equity compensation plans:
Plan Category
Number of securities
to be
issued upon exercise
of
outstanding options,
warrants and rights
Weighted average
exercise price of
outstanding options,
warrants and rights
Number of securities
remaining available for
future issuance under
equity
compensation plans
(excluding securities
reflected in column (a))
(a) (b) (c)
Equity compensation plans approved by security holders......... 504,462 $ 69.99 803,357
Equity compensation plans not approved by security holders... — — —
Total........................................................................................... 504,462 $ 69.99 803,357
The number of securities remaining available for future issuance represents shares under our 2011 Stock Incentive Plan.
Please refer to Note 13, Stock-Based Incentive Plans, in the Notes to the Consolidated Financial Statements for a description of
the Plan.
Issuer Purchases of Equity Securities
Purchases of Equity Securities by the Company
Period
Total number of
shares
purchased (b)
Average price
paid per
share (b)
Total number of
shares purchased as
part of publicly
announced plans or
programs (c)
Approximate dollar
value of
shares that may yet be
purchased under the
plans or programs (c)
September 28, 2015 – October 25, 2015............ 111,949 $89.62 111,613 $ 142,500,000
October 26, 2015 – November 22, 2015............ 120,437 $83.11 120,346 $ 132,500,000
November 23, 2015 – January 3, 2016(a) ........... 846 $85.49 — $ 132,500,000
Total................................................................... 233,232 $86.24 231,959 $ 132,500,000
(a) These amounts represent shares owned and tendered by employees to satisfy tax withholding obligations on the vesting of restricted stock
awards.
(b) Includes 336 shares owned and tendered by employees at an average price of $90.16 per share to satisfy tax withholding obligations on
the vesting of restricted stock awards during the fiscal month ended October 25, 2015 and 91 shares at an average price of $84.85 per
share during the fiscal month ended November 22, 2015.
(c) In October 2014, our Board of Directors approved a stock repurchase program authorizing us to repurchase up to $100 million of
DineEquity common stock (the “2014 Repurchase Program”) on an opportunistic basis from time to time in open market transactions
and in privately negotiated transactions, including 10b5-1 stock repurchase plans, based on business, market, applicable legal requirements
and other considerations. The 2014 Repurchase Program, as approved by the Board of Directors, did not require the repurchase of a
specific number of shares and could be terminated at any time. On October 1, 2015, our Board of Directors terminated the 2014
Repurchase Program and approved a new stock repurchase program authorizing us to repurchase up to $150 million of DineEquity
common stock on substantially the same terms as the 2014 Repurchase Program