SEC Form 4 · accession 0001179110-19-001793
RED ROBIN GOURMET BURGERS INC · RRGB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Beverly K Carmichael
Officer — Chief People Officer
Period of report
Feb 11, 2019
Accepted (ET)
Feb 12, 2019 · 6:40 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 11, 2019 | A | 474 | $0.00 | A | 5,551 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 15, 2018, the reporting person received a grant of performance share units (PSUs) representing 3,291 shares of the issuer's common stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the reporting person's continued employment through the applicable vesting date, with the number of PSUs earned and issued determined based on achievement of performance objectives approved by the issuer's compensation committee for each year in the performance cycle. On February 11, 2019, the compensation committee determined that the objectives for the first tranche (2018) were achieved at a level resulting in 474 shares being earned by the reporting person. The shares issued will not vest until the end of the three year performance cycle on December 27, 2020.
- F2Includes 4,894 shares subject to vesting and forfeiture restrictions.