Michael Buchmeier - Mar 25, 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
Mar 25, 2022
Transactions value $
-$6,531
Form type
4
Date filed
3/29/2022, 06:22 PM
Previous filing
Mar 23, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$6.53K -398 -1.56% $16.41 25.1K Mar 25, 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 1,388 time-based restricted stock units which were granted on March 25, 2020, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 398 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 15,069 shares subject to vesting and forfeiture restrictions.