MUHTAR JONATHAN A. 4
4 · RED ROBIN GOURMET BURGERS INC · Filed May 23, 2022
Insider Transaction Report
Form 4
MUHTAR JONATHAN A.
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2022-05-19$8.16/sh−1,017$8,299→ 54,617 total
Footnotes (2)
- [F1]In connection with the vesting of 3,520 time-based restricted stock units which were granted on May 19, 2021, under the issuer's 2017 Performance Incentive Plan, as amended, the reporting person sold 1,017 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 32,918 shares subject to vesting and forfeiture restrictions.