Michael Buchmeier - Sep 6, 2021 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Michael L. Kaplan, Attorney-in-Fact
Stock symbol
RRGB
Transactions as of
Sep 6, 2021
Transactions value $
-$3,856
Form type
4
Date filed
9/7/2021, 04:55 PM
Previous filing
Aug 24, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$3.86K -160 -0.81% $24.10 19.5K Sep 6, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of 554 time-based restricted stock units which were granted on September 6, 2019 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 160 of such shares to the issuer to satisfy tax withholding obligations. The sale was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2 Includes 12,880 shares subject to vesting and forfeiture restrictions.