RED ROBIN GOURMET BURGERS INC 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Mar 1, 2016
Insider Transaction Report
Form 4
Carley Stephen E.
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2016-02-26$64.13/sh−973$62,398→ 14,974 total
Holdings
- 34,552(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]In connection with the vesting of 1,782 time-based restricted stock units, which were granted on February 26, 2013 under the issuer's Second Amended and Restated 2007 Performance Incentive Plan, the reporting person sold 973 of such shares to the issuer to satisfy his 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. The net 809 shares were transferred to The Carley Family Trust and are now held indirectly.
- [F2]Includes 13,974 restricted stock units subject to vesting and forfeiture restrictions.
- [F3]The shares are held indirectly by the reporting person as co-trustee of The Carley Family Trust.