X0202 5 2006-01-01 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 2005-03-30 5 J 0 215 48.28 A 563 I ESOP Trust Performance Shares Common Stock 0 7500 D Performance Shares 2005-01-01 5 A 0 7500 A Common Stock 7500 7500 D Options 48.09 2005-03-01 5 A 0 16666 48.09 A 2006-03-01 2015-03-01 Common Stock 16666 266666 D Options 48.09 2005-03-01 5 A 0 16666 48.09 A 2007-03-01 2015-03-01 Common Stock 16666 283332 D Options 48.09 2005-03-01 5 A 0 16667 48.09 A 2008-03-01 2015-03-01 Common Stock 16667 290000 D Shares allocated to the reporting person's account through the International House of Pancakes Employee Stock Ownership Plan as of 12/31/04, the most recent date for which information is available. Employee stock options granted pursuant to IHOP Corp. 2001 Stock Incentive Plan. 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. Performance shares awarded under the IHOP Corp. 2001 Stock Incentive Plan. The award vests on January 1, 2008, 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. Julia A. Stewart 2006-02-10