MUHTAR JONATHAN A. 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Mar 23, 2020
Insider Transaction Report
Form 4
MUHTAR JONATHAN A.
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2020-03-19$6.54/sh−483$3,159→ 16,655 total
Footnotes (2)
- [F1]In connection with the vesting of 1,670 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 483 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 7,878 shares subject to vesting and forfeiture restrictions.