Michael L. Kaplan - Mar 15, 2022 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Signature
/s/ Michael L. Kaplan
Stock symbol
RRGB
Transactions as of
Mar 15, 2022
Transactions value $
-$1,322
Form type
4
Date filed
3/17/2022, 01:57 PM
Previous filing
Feb 23, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRGB Common Stock Tax liability -$1.32K -74 -0.33% $17.86 22.4K Mar 15, 2022 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 268 time-based restricted stock units which were granted on March 15, 2018 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 74 of such shares to the issuer to satisfy tax withholding obligations. The sale 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, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2 Includes 15,178 shares subject to vesting and forfeiture restrictions.