Lynn S. Schweinfurth - Feb 4, 2022 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
Feb 4, 2022
Transactions value $
-$41,244
Form type
4
Date filed
2/8/2022, 10:02 AM
Previous filing
Aug 24, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$41.2K -2.8K -5.22% $14.73 50.8K Feb 4, 2022 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 8,373 time based restricted stock units which were granted on February 4, 2019, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 2,800 of such shares to the issuer to satisfy tax withholding obligations. The sale was approved by the issuer's Compensation Committee in accordance with 16b-3(d)(1) of the Exchange Act, and as such, is exempt from Section 16(b) pursuant to Rule 16b-3(e) promulgated thereunder.
F2 Includes 21,738 shares subject to vesting and forfeiture restrictions.