Company: RRGB
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038610
Chunk: 30

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 30
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 ​ | 25%  | ​ | ​ | ​ |
| ​ | ​ | Target                 | ​ | ​ | ​ | ​ | ​ | 50% | ​ | ​ | ​ | ​ | ​                      | ​ | 100% | ​ | ​ | ​ |
| ​ | ​ | Maximum                | ​ | ​ | ​ | ​ | ​ | 75% | ​ | ​ | ​ | ​ | ​                      | ​ | 200% | ​ | ​ | ​ |

Actual Payout . In 2024, the Annual Adjusted EBITDA performance achievement resulted in an award of 0% of target, as shown below. The cumulative Quarterly Adjusted EBITDA performance achievement resulted in

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an award of 90.29% of target for first quarter and 0% of target for the second, third, and fourth quarters, as shown below (in thousands, except percentages). The year end kicker was not achieved, as the Annual Adjusted EBITDA performance was below target.

| Company Performance       | ​ | ​ | Q1 AdjustedEBITDA |   |        |   | ​ | ​ | Q2 AdjustedEBITDA(cumulative) |   |        |   | ​ | ​ | Q3 AdjustedEBITDA(cumulative) |   |        |   | ​ | ​ | Q4 AdjustedEBITDA(cumulative) |   |        |   | ​ | ​ | AnnualAdjustedEBITDA / Year-EndKicker |   |        |   | ​ |
|:--------------------------|:--|:--|:------------------|:--|-------:|:--|:--|:--|:------------------------------|:--|-------:|:--|:--|:--|:------------------------------|:--|-------:|:--|:--|:--|:------------------------------|:--|-------:|:--|:--|:--|:--------------------------------------|:--|-------:|:--|:--|
| Goal                      | ​ | ​ | ​                 | $ | 12,023 | ​ | ​ | ​ | ​                             | $ | 30,512 | ​ | ​ | ​ | ​                             | $ | 43,801 | ​ | ​ | ​ | ​                             | $ | 70,041 | ​ | ​ | ​ | ​                                     | $ | 70,041 | ​