FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JAKUBEK JOHN
2. Issuer Name and Ticker or Trading Symbol

DineEquity, Inc [ DIN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP, HUMAN RESOURCES
(Last)          (First)          (Middle)

450 NORTH BRAND BOULEVARD, 7TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

1/17/2017
(Street)

GLENDALE, CA 91203
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK   1/17/2017     M    6990   A $52.37   13956   D    
COMMON STOCK   1/17/2017     S    6990   D $74.394   (1) 6966   D    
COMMON STOCK   1/17/2017     M    16838   A $28.21   23804   D    
COMMON STOCK   1/17/2017     S    16838   D $74.394   (1) 6966   D    
COMMON STOCK   1/17/2017     M    10488   A $57.21   17454   D    
COMMON STOCK   1/17/2017     S    10488   D $74.394   (1) 6966   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTION (RIGHT TO BUY)   $52.37   1/17/2017     M         6990      (2) 2/28/2022   COMMON STOCK   6990   $0.00   (3) 0   D    
STOCK OPTION (RIGHT TO BUY)   $28.21   1/17/2017     M         16838      (4) 2/22/2020   COMMON STOCK   16838   $0.00   (3) 0   D    
STOCK OPTION (RIGHT TO BUY)   $57.21   1/17/2017     M         10488      (5) 2/28/2021   COMMON STOCK   10488   $0.00   (3) 0   D    

Explanation of Responses:
( 1)  The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $74.04 to $74.86, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
( 2)  The stock option was granted to the reporting person under the Issuer's 2011 Stock Incentive Plan. The option vested as to one-third of the share on each of February 28, 2013, 2014 and 2015.
( 3)  Granted as compensation for services.
( 4)  The stock option was granted to the reporting person under the Issuer's 2001 Stock Incentive Plan. The option vested as to one-third of the shares on each of February 22, 2011, 2012 and 2013.
( 5)  The stock option was granted to the reporting person under the Issuer's 2001 Stock Incentive Plan. The option vested as to one-third of the shares on each of February 28, 2012, 2013 and 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JAKUBEK JOHN
450 NORTH BRAND BOULEVARD, 7TH FLOOR
GLENDALE, CA 91203


SVP, HUMAN RESOURCES

Signatures
/s/ Joanne Wu as attorney-in-fact for John B. Jakubek 1/19/2017
** 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 4(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.
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