X0202 4 2006-04-26 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 563 I ESOP Trust Options Common Stock 290000 D Performance Shares Common Stock 7500 D Performance Shares Common Stock 7500 D Restricted Stock 2006-04-26 4 M 0 13000 A Common Stock 13000 13000 D Restricted Stock 2006-04-26 4 M 0 16667 A Common Stock 16667 16667 D Restricted Stock 2006-04-26 4 M 0 16666 A Common Stock 16666 16666 D Restricted Stock 2006-04-26 4 M 0 16667 A Common Stock 16667 16667 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. Grant of 13,000 shares of Restricted Stock pursuant to IHOP Corp. 2001 Stock Incentive Plan. These shares vest in full on March 1, 2009. Grant of $50,000 shares of Restricted Stock pursuant to IHOP Corp. 2001 Stock Incentive Plan. These shares vest in installments as of March 1, 2009, 2010 and 2011. Julia A. Stewart 2006-04-28