Michael Buchmeier - Mar 25, 2022 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Role: CHIEF OPERATING OFFICER
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.

Content

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.

Includes 15,069 shares subject to vesting and forfeiture restrictions.