Joshua Todd Wilson - 20 Mar 2024 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Carrie Etherton, Attorney-in-Fact
Issuer symbol
RRGB
Transactions as of
20 Mar 2024
Transactions value $
-$19,254
Form type
4
Filing time
22 Mar 2024, 16:15:29 UTC
Previous filing
15 Mar 2024
Next filing
05 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$19.3K -2.88K -2.47% $6.69 114K 20 Mar 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 7,878 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 2,878 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 88,732 time-based restricted stock units subject to vesting and forfeiture restrictions.