Company: RRGB
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038610
Chunk: 31

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 31
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 | ​ |
| Actual*                   | ​ | ​ | ​                 | $ | 11,712 | ​ | ​ | ​ | ​                             | $ | 21,378 | ​ | ​ | ​ | ​                             | $ | 26,095 | ​ | ​ | ​ | ​                             | $ | 38,463 | ​ | ​ | ​ | ​                                     | $ | 38,463 | ​ | ​ |
| Achievement (% of Target) | ​ | ​ | ​                 | ​ | 97.41% | ​ | ​ | ​ | ​                             | ​ | 70.06% | ​ | ​ | ​ | ​                             | ​ | 59.58% | ​ | ​ | ​ | ​                             | ​ | 54.91% | ​ | ​ | ​ | ​                                     | ​ | 54.91% | ​ | ​ |
| Award (% of Target award) | ​ | ​ | ​                 | ​ | 90.29% | ​ | ​ | ​ | ​                             | ​ |     0% | ​ | ​ | ​ | ​                             | ​ |     0% | ​ | ​ | ​ | ​                             | ​ |     0% | ​ | ​ | ​ | ​                                     | ​ |     0% | ​ | ​ |

* See our annual report on Form 10-K for the fiscal year ended December 29, 2024 for a description of Adjusted EBITDA, with the above measure excluding a $0.5 million benefit of an excess bonus reserve reversal in the first quarter of fiscal 2024, as approved by the Compensation Committee. The Company’s Relative Guest Traffic ranked 42nd among the 70 restaurant brands in the casual dining segment, equating to a percentile ranking of 60th percentile Relative Guest Traffic. This performance achievement resulted in an award of 140% of target. The combined performance achievement of Annual EBITDA, Quarterly EBITDA, and Relative Guest traffic resulted in an STI award equal to 26.64% of target. Each of our named executive officers has a target annual incentive opportunity expressed as a percentage of the executive’s salary and is set based on, among other factors, market and peer comparisons, and internal equity. The target and actual amounts of our annual performance-based cash incentives paid to our named executive officers in March 2025 for 2024 performance are as follows:

| Named Executive Officer | ​ | ​ | 2024