X0202 5 2005-01-02 0 0 0 0000049754 IHOP CORP IHP 0001072321 STEWART JULIA A 450 N. BRAND BOULEVARD - FLR 7 GLENDALE CA 91203 1 1 0 0 President and CEO Common Stock 2004-04-20 5 J 0 347 34.16 A 347 I ESOP Trust Performance Shares 2004-01-01 5 A 0 7500 0 A 2007-01-01 Common Stock 7500 7500 D Options 36.10 2004-02-24 5 A 0 13333 36.10 A 2005-02-24 2014-02-24 Common Stock 13333 213333 D Options 36.10 2004-02-24 5 A 0 13333 36.10 A 2006-02-24 2014-02-24 Common Stock 13333 226666 D Options 36.10 2004-02-24 5 A 0 13334 36.10 A 2007-02-24 2014-02-24 Common Stock 13334 240000 D Performance shares awarded under the IHOP Corp. 2001 Stock Incentive Plan. The award vests on January 1, 2007, for a percentage (0% to 150%) of the performance shares awarded based, in part, upon the Issuer's total shareholder return compared to the total shareholder return of a selected peer group and, in part, on the Issuer's generation of aggregate net cash flow from operations, as compared to pre-determined targets. Performance shares are payable one-half in cash and one-half in shares of the Issuer's common Stock. The amount set forth in Column 5 represents the one-half portion of the award payable in shares of the Issuer's Common Stock. Employee stock options granted pursuant to IHOP Corp. 2001 Stock Incentive Plan. Julia A. Stewart 2005-02-16