Michael Kaplan - 19 May 2022 Form 4 Insider Report for RED ROBIN GOURMET BURGERS INC (RRGB)

Role: CHIEF LEGAL OFFICER
Signature: /s/ Michael L. Kaplan
Issuer symbol: RRGB
Transactions as of: 19 May 2022
Net transactions value: -$5,908
Form type: 4
Filing time: 23 May 2022, 18:01:30 UTC
Previous filing: 29 Mar 2022
Next filing: 25 Oct 2022
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	$5,908	-724	-2%	$8.16	34,640	19 May 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 2,507 time-based restricted stock units which were granted on May 19, 2021, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 724 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 23,259 shares subject to vesting and forfeiture restrictions.

Content

In connection with the vesting of 2,507 time-based restricted stock units which were granted on May 19, 2021, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 724 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.

Includes 23,259 shares subject to vesting and forfeiture restrictions.