FORM 4 [X] 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 *

Maceda Jason		 2. Issuer Name and Ticker or Trading Symbol

DUNKIN' BRANDS GROUP, INC. [ DNKN ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, BR US and CAN
(Last)          (First)          (Middle)

C/O DUNKIN' BRANDS GROUP, INC., 130 ROYALL STREET		 3. Date of Earliest Transaction (MM/DD/YYYY)

12/15/2020
(Street)

CANTON, MA 02021
(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 12/15/2020  D(1)  6058 D$106.50 0 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Purchase Common Stock $47.39 12/15/2020  D (1)    7319   (2)2/12/2022 Common Stock 7319 $59.11 (3)0 D  
Option to Purchase Common Stock $44.35 12/15/2020  D (1)    11954   (2)2/23/2023 Common Stock 11954 $62.15 (3)0 D  
Option to Purchase Common Stock $54.95 12/15/2020  D (1)    6738   (2)2/16/2024 Common Stock 6738 $51.55 (3)0 D  
Option to Purchase Common Stock $53.42 12/15/2020  D (1)    7072   (2)7/18/2024 Common Stock 7072 $53.08 (3)0 D  
Option to Purchase Common Stock $59.60 12/15/2020  D (1)    19553   (2)2/13/2025 Common Stock 19553 $46.90 (3)0 D  
Option to Purchase Common Stock $72.38 12/15/2020  D (1)    16777   (2)3/4/2026 Common Stock 16777 $34.12 (3)0 D  
Option to Purchase Common Stock $75.80 12/15/2020  D (1)    19838   (2)2/11/2027 Common Stock 19838 $30.70 (3)0 D  
Explanation of Responses:
(1) Disposed of as a result of the merger (the "Merger") pursuant to the previously announced Agreement and Plan of Merger, dated October 30, 2020, by and among Dunkin' Brands Group, Inc., Inspire Brands, Inc. and Vale Merger Sub, Inc.
(2) Fully vested.
(3) Represents the difference between the consideration to be paid in connection with the Merger and the strike price of the option.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Maceda Jason
C/O DUNKIN' BRANDS GROUP, INC.
130 ROYALL STREET
CANTON, MA 02021

SVP, BR US and CAN
Signatures
/s/ Ryan Schaffer, as Attorney-in-Fact for Jason Maceda12/17/2020
**Signature of Reporting PersonDate
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