Sarah A. Mussetter - Mar 20, 2024 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Role: CHIEF LEGAL OFFICER
Signature: /s/ Carrie Etherton, Attorney-in-Fact
Stock symbol: RRGB
Transactions as of: Mar 20, 2024
Transactions value $: -$12,785
Form type: 4
Date filed: 3/22/2024, 04:15 PM
Previous filing: Mar 15, 2024
Next filing: Dec 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RRGB	Common Stock	Tax liability	-$12.8K	-1.91K	-2.97%	$6.69	62.4K	Mar 20, 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 6,650 time-based restricted stock units that were granted on March 20, 2023, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 1,911 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 52,427 time-based restricted stock units subject to vesting and forfeiture restrictions.

Content

In connection with the vesting of 6,650 time-based restricted stock units that were granted on March 20, 2023, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 1,911 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 52,427 time-based restricted stock units subject to vesting and forfeiture restrictions.