Company: RRGB
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038610
Chunk: 32

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 32
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 148,750 | ​ | ​ | ​ | ​                                  | $ |   148,750 | ​ | ​ |
| Megan Spuler            | ​ | ​ | ​                                       | $ |   262,500 | ​ | ​ | ​ | ​                         | ​ | 70%  | ​ | ​ | ​ | ​                                         | $ |   131,250 | ​ | ​ | ​ | ​                                  | $ |   131,250 | ​ | ​ |

The amounts listed in the table above represent the target intended value of the grant and amounts may differ from the accounting values provided in the Summary Compensation Table below primarily due to our use of a 30-day average share price for purposes of converting the target dollar amounts into the number of

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TABLE OF CONTENTS

shares subject to each grant. See the Grants of Plan-Based Awards table for the number of shares underlying the 2024 grants of RSUs and PSUs for our NEOs. Time-Based Restricted Stock Units . The RSUs granted in 2024 vest ratably over three years on each anniversary of the date of grant, which is designed to encourage retention and align incentives with longer-term value creation for stockholders. Performance-Based Restricted Stock Units . The PSUs granted as part of the 2024-2026 LTI grants have relative TSR as the performance metric and a three-year performance period. If the Company’s TSR is negative for the performance period, the maximum payout will be capped at the target grant amount regardless of relative outperformance to the peer group. The potential payout amounts ranged from 0% to 200% of the executive’s target opportunity based on TSR performance relative to the peer group, as shown in the table below. Payouts for performance between minimum, target, and maximum are calculated by linear interpolation.

| ​ | ​ | 2024-2026 Payout Scale |   |   |   |   |   |      |   |   |   |   |                        |   |      |   | ​ | ​ |
| ​ | ​ | % of Peer Group        |   |   |   |   |   |      |   | ​ | ​ | ​ | Payout as a% of Target |   |      |   | ​ | ​ |
| ​ | ​ | Below minimum          | ​ | ​ | ​ | ​ | ​ | <25% | ​ | ​ | ​ | ​ | ​                      | ​ | 0%   | ​ | ​