Hart Gerard Johan 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Mar 18, 2025
Insider Transaction Report
Form 4
Hart Gerard Johan
DirectorPRESIDENT AND CEO
Transactions
- Sale
Common Stock
2025-03-14$4.46/sh−11,997$53,507→ 586,737 total - Sale
Common Stock
2025-03-17$4.39/sh−11,467$50,340→ 575,270 total
Footnotes (4)
- [F1]Represents the sale of shares by the issuer on behalf of the reporting person pursuant to automatic "sell-to-cover" transactions to cover tax withholding obligations and fees arising due to the vesting of 79,936 time-based restricted stock units that were granted to the reporting person on March 13, 2024 under the issuer's 2017 Performance Incentive Plan, as amended. These sell to cover transactions do not represent discretionary trades by the reporting person.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $4.41 to 4.51, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- [F3]Includes 324,696 time-based restricted stock units subject to vesting and forfeiture restrictions.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $4.35 to $4.52, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.