Key facts
- This page summarizes Michael L. Kaplan's Form 4 filing for RED ROBIN GOURMET BURGERS INC (RRGB).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2022, 15:43.
Michael L. Kaplan - 18 Feb 2022 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)
- Reporting relationship
- CHIEF LEGAL OFFICER
- Issuer ticker
- RRGB
- Reported as of
- 18 Feb 2022
- Net transaction value
- -$1,607
- SEC form
- 4
- Accepted by SEC
- 23 Feb 2022, 15:43:05 UTC
- Prior SEC filing
- 21 May 2021
- Next SEC filing
- 17 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael L. Kaplan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Michael L. Kaplan filed Form 4 for RED ROBIN GOURMET BURGERS INC (RRGB) on 23 Feb 2022.
Change
- Previous filing in this sequence was filed on 21 May 2021.
- Current net transaction value: -$1,607.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RRGB
transaction
Common Stock
Tax liability
- Transaction value
- -$1,607
- Shares
- -94
- Change %
- -0.42%
- Price
- $17.10
- Shares after
- 22,498
- Date
- 18 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On March 19, 2019, the reporting person received a grant of performance share units (PSUs) representing 7,486 shares of the issuer's common stock (at target) under the issuer's 2017 Performance Incentive Plan, as amended. The PSUs cliff vest at the end of a three year performance cycle with the number of PSUs earned determined based on achievement of performance objectives approved by the issuer's Compensation Committee for each year in the performance cycle. On February 5, 2020, the issuer's Compensation Committee determined that the objectives for the first tranche were achieved, resulting in 335 shares being earned by the reporting person, as previously reported. No shares were earned with respect to the second and third tranches. In connection with the vesting of and issuance of such 335 shares, the reporting person sold 94 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.
Footnote F2
Includes 12,354 shares subject to vesting and forfeiture restrictions.