Joshua Todd Wilson - 14 Nov 2023 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Carrie Etherton, Attorney-in-Fact
Issuer symbol
RRGB
Transactions as of
14 Nov 2023
Transactions value $
-$48,087
Form type
4
Filing time
16 Nov 2023, 16:09:01 UTC
Previous filing
22 Mar 2023
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$48.1K -5.13K -6.49% $9.37 73.9K 14 Nov 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 15,132 time-based restricted stock units which were granted on November 14, 2022, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 5,132 of such shares to satisfy tax withholding obligations. The transaction 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, is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2 Includes 53,895 time-based restricted stock units subject to vesting and forfeiture restrictions.