Michael Buchmeier - 15 Mar 2022 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Michael L. Kaplan, Attorney-in-Fact
Issuer symbol: RRGB
Transactions as of: 15 Mar 2022
Net transactions value: -$268
Form type: 4
Filing time: 17 Mar 2022, 13:54:50 UTC
Previous filing: 23 Feb 2022
Next filing: 21 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RRGB	Common Stock	Tax liability	$268	-15	-0.08%	$17.86	18,542	15 Mar 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 46 time-based restricted stock units which were granted on March 15, 2018 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 15 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 9,606 shares subject to vesting and forfeiture restrictions.

Content

In connection with the vesting of 46 time-based restricted stock units which were granted on March 15, 2018 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 15 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.

Includes 9,606 shares subject to vesting and forfeiture restrictions.