Gerard Johan Hart - 13 Sep 2023 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Carrie Etherton, Attorney-in-Fact
Issuer symbol: RRGB
Transactions as of: 13 Sep 2023
Net transactions value: -$123,631
Form type: 4
Filing time: 15 Sep 2023, 16:05:14 UTC
Previous filing: 24 Aug 2023
Next filing: 02 Feb 2024
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	$123,631	-11,922	-2.9%	$10.37	397,090	13 Sep 2023	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 41,254 time-based restricted stock units which were granted on September 13, 2022, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 11,922 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 267,864 restricted stock units subject to vesting and forfeiture restrictions.

Content

In connection with the vesting of 41,254 time-based restricted stock units which were granted on September 13, 2022, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 11,922 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 267,864 restricted stock units subject to vesting and forfeiture restrictions.