4//SEC Filing
Schweinfurth Lynn S 4
Accession 0001179110-20-001272
CIK 0001171759other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 6:16 PM ET
Size
7.4 KB
Accession
0001179110-20-001272
Insider Transaction Report
Form 4
Schweinfurth Lynn S
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2020-02-04$33.33/sh−884$29,464→ 17,606 total - Award
Common Stock
2020-02-05+552→ 18,158 total
Footnotes (3)
- [F1]In connection with the vesting of 2,591 time based restricted stock units which were granted on February 4, 2019, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 884 of such shares to the issuer to satisfy tax withholding obligations. The sale was approved by the issuer's Compensation Committee in accordance with 16b-3(d)(1) of the Exchange Act, and as such, is exempt from Section 16(b) pursuant to Rule 16b-3(e) promulgated thereunder.
- [F2]On March 19, 2019, the reporting person received a grant of performance share units (PSUs) representing 12,306 shares of the issuer's common stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the reporting person's continued employment through the applicable vesting date, with the number of PSUs earned and issued determined based on achievement of performance objectives approved by the issuer's compensation committee for each year in the performance cycle. On February 5, 2020, the compensation committee determined that the objectives for the first tranche (2019) were achieved at a level resulting in 552 shares being earned by the reporting person. The shares issued will not vest until the end of the three year performance cycle on December 26, 2021.
- [F3]Includes 15,899 restricted stock units subject to vesting and forfeiture restrictions.
Documents
Issuer
RED ROBIN GOURMET BURGERS INC
CIK 0001171759
Entity typeother
Related Parties
1- filerCIK 0001304686
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 6:16 PM ET
- Size
- 7.4 KB