RED ROBIN GOURMET BURGERS INC 4
4 · RED ROBIN GOURMET BURGERS INC · Filed May 18, 2017
Insider Transaction Report
Form 4
STUTZ CARIN
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-05-16$58.00/sh−236$13,688→ 4,535 total
Holdings
- 4,115(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]In connection with the vesting of 740 time-based restricted stock units, which were granted on May 16, 2016 under the issuer's Second Amended and Restated 2007 Performance Incentive Plan, the reporting person sold 236 of such shares to the issuer to satisfy her 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 16(b)-3(e) promulgated thereunder.
- [F2]Includes 4,031 restricted stock units subject to vesting and forfeiture restrictions.
- [F3]The shares are held indirectly by the reporting person as trustee of Carin L. Stutz Revocable Trust U/A 2/3/2005.