SEC Form 4 · accession 0001179110-17-003417
RED ROBIN GOURMET BURGERS INC · RRGB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L. Kaplan
Officer — Chief Legal Officer
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171759
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 24, 2017 | A | 1,321 | $0.00 | A | 3,467 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $47.00 | Feb 24, 2017 | A | 7,419 | A | — | Feb 24, 2027 | Common Stock | 7,419 | 7,419 | D |
Explanation of responses
- F1Represents a grant of time-based stock units under the issuer's Second Amended and Restated 2007 Performance Incentive Plan. Each time-based stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. One-fourth (1/4) of the units are scheduled to vest on each of the first, second, third, and fourth anniversaries of the date of grant. The closing price on the date of grant, February 24, 2017, was $47.00.
- F2Includes 2,610 restricted stock units subject to vesting and forfeiture restrictions.
- F3One-fourth (1/4) of the options are scheduled to vest on each of the first, second, third, and fourth anniversaries of the date of grant.