Kevin E. Mayer - May 8, 2024 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Carrie Etherton, Attorney-in-Fact
Stock symbol
RRGB
Transactions as of
May 8, 2024
Transactions value $
-$12,961
Form type
4
Date filed
5/10/2024, 04:05 PM
Previous filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$6.54K -841 -2.6% $7.78 31.5K May 8, 2024 Direct F1
transaction RRGB Common Stock Tax liability -$6.42K -825 -2.62% $7.78 30.6K May 8, 2024 Direct F2, F3
* 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 2,433 time-based restricted stock units that were granted on May 8, 2023, under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 841 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 In connection with the vesting of 2,387 time-based restricted stock units that were granted on May 8, 2023, as a one-time award grant subject to all the terms and conditions of awards granted under the issuer's 2017 Performance Incentive Plan, as amended, the issuer withheld 825 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.
F3 Includes 27,474 time-based restricted stock units subject to vesting and forfeiture restrictions.