Gerard Johan Hart - 31 Jan 2024 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: 31 Jan 2024
Net transactions value: -$31,405
Form type: 4
Filing time: 02 Feb 2024, 16:40:47 UTC
Previous filing: 15 Sep 2023
Next filing: 15 Mar 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	$31,405	-3,085	-0.78%	$10.18	394,005	31 Jan 2024	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 9,632 time-based restricted stock units that were granted on May 19, 2022, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 3,085 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 258,232 shares subject to vesting and forfeiture restrictions.

Content

In connection with the vesting of 9,632 time-based restricted stock units that were granted on May 19, 2022, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 3,085 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.

Includes 258,232 shares subject to vesting and forfeiture restrictions.