Paul J. Murphy - May 19, 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
May 19, 2022
Transactions value $
-$35,986
Form type
4
Date filed
5/23/2022, 06:01 PM
Previous 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 -$36K -4.41K -1.88% $8.16 230K May 19, 2022 Direct F1, F2
holding RRGB Common Stock 20K May 19, 2022 See Footnote F3
* 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 15,260 time-based restricted stock units which were granted on May 19, 2021, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 4,410 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 194,620 shares subject to vesting and forfeiture restrictions.
F3 The shares are held indirectly by the reporting person in the Murphy Family Trust, of which Mr. Murphy and his wife are trustees.