Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
STEWART JULIA A
   2. Issuer Name and Ticker or Trading Symbol
DineEquity, Inc [DIN] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CHAIRMAN AND CEO
(Last)
(First)
(Middle)
450 NORTH BRAND BOULEVARD, 7TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
01/06/2015
(Street)

GLENDALE, CA 91203		 4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 01/06/2015   M   50,736 A $ 40 94,637 D  
COMMON STOCK 01/06/2015   S   43,410 D $ 100.779 (1) 51,227 D  
COMMON STOCK 01/06/2015   S   7,326 D $ 101.259 (2) 43,901 D  
COMMON STOCK 01/07/2015   M   42,055 A $ 40 85,956 D  
COMMON STOCK 01/07/2015   S   902 D $ 101.641 (3) 85,054 D  
COMMON STOCK 01/07/2015   S   2,598 D $ 102.943 (4) 82,456 D  
COMMON STOCK 01/07/2015   S   10,200 D $ 104.136 (5) 72,256 D  
COMMON STOCK 01/07/2015   S   11,825 D $ 105.231 (6) 60,431 D  
COMMON STOCK 01/07/2015   S   16,530 D $ 105.783 (7) 43,901 D  
COMMON STOCK               64,702 I By trust (8)
COMMON STOCK               603.277 I By 401(k) Plan (9)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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) $ 40 01/06/2015   M     50,736 02/26/2011(10) 02/26/2018 COMMON STOCK 50,736 $ 0 42,055 D  
STOCK OPTION (RIGHT TO BUY) $ 40 01/07/2015   M     42,055 02/26/2011(10) 02/26/2018 COMMON STOCK 42,055 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STEWART JULIA A
450 NORTH BRAND BOULEVARD, 7TH FLOOR
GLENDALE, CA 91203		   X     CHAIRMAN AND CEO  

Signatures

 /s/ James R. Oehler, as attorney-in-fact for Julia A. Stewart   01/08/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $100.16 to $101.15, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(2) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $101.16 to $101.41, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(3) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $101.30 to $102.19, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(4) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $102.47 to $103.46, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(5) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $103.51 to $104.48, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(6) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $104.54 to $105.53, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(7) The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $105.54 to $106.26, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014 and effective as of January 1, 2015.
(8) The reporting person is the sole trustee and beneficiary of the Julia Stewart Trust.
(9) These shares are held in the DineEquity, Inc. 401(k) plan.
(10) This option to purchase 168,000 shares vested as to one-third of the shares on each of February 26, 2009, 2010 and 2011.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.