Buchmeier Michael 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Mar 23, 2020
Insider Transaction Report
Form 4
Buchmeier Michael
Chief People Officer
Transactions
- Tax Payment
Common Stock
2020-03-19$6.54/sh−61$399→ 9,305 total
Footnotes (2)
- [F1]In connection with the vesting of 179 time-based restricted stock units which were granted on March 19, 2019 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 61 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 6,124 shares subject to vesting and forfeiture restrictions.