Schweinfurth Lynn S 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Apr 6, 2020
Insider Transaction Report
Form 4
Schweinfurth Lynn S
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2020-04-03$7.37/sh−342$2,521→ 39,929 total
Footnotes (2)
- [F1]In connection with the vesting of 1,181 time-based restricted stock units which were granted on April 3, 2019 under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 342 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 27,383 shares subject to vesting and forfeiture restrictions.