Company: RRGB
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038610
Chunk: 28

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 28
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 | ​ | 1,000,000 | ​ | ​ | ​ | ​           | ​ | 1,000,000 | ​ | ​ | ​ | ​        | ​ |    — | ​ | ​ |
| Todd Wilson             | ​ | ​ | ​           | ​ |   475,000 | ​ | ​ | ​ | ​           | ​ |   425,000 | ​ | ​ | ​ | ​        | ​ | 11.8 | ​ | ​ |
| Sarah Mussetter         | ​ | ​ | ​           | ​ |   420,000 | ​ | ​ | ​ | ​           | ​ |   410,000 | ​ | ​ | ​ | ​        | ​ |  2.4 | ​ | ​ |
| Kevin Mayer             | ​ | ​ | ​           | ​ |   425,000 | ​ | ​ | ​ | ​           | ​ |   425,000 | ​ | ​ | ​ | ​        | ​ |    — | ​ | ​ |
| Meghan Spuler           | ​ | ​ | ​           | ​ |   375,000 | ​ | ​ | ​ | ​           | ​ |   375,000 | ​ | ​ | ​ | ​        | ​ |    — | ​ | ​ |

Incentive-Based Compensation Short-Term Incentive Opportunity. Our STI is an annual performance-based cash incentive. Under the 2024 STI, named executive officers were eligible to receive a cash incentive equal to a percentage of their annual base salary if certain performance measures were met. The STI was based on the following three performance measures: Annual Adjusted EBITDA (60% weight), Quarterly Adjusted EBITDA (25% weight) and Relative Guest Traffic (15% weight). Annual Adjusted EBITDA (60% weight) . The Annual Adjusted EBITDA performance measure consists of earnings before interest, taxes, depreciation, and amortization (“EBITDA”), which may be adjusted in accordance with the 2017 Plan to remove the effect of any one or more of the following: equity compensation expense under ASC 718; accelerated amortization of acquired technology and intangibles; asset write-downs; litigation or claim judgments or settlements; changes in or provisions under tax law, accounting principles or other such laws or provisions affecting reported results; accruals for reorganization and restructuring programs; discontinued operations; restaurant closure costs; executive transition costs; acquisition and