Red Robin Gourmet Burgers, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)

12 Months Ended

Dec. 30, 2012

Summary of status of the Company's stock option plans

The table below summarizes the status of the Company's stock option plans (in thousands, except per share data and exercise price):

	Stock Options

	Shares			Weighted Average Exercise Price
Outstanding, December 25, 2011		867		$	25.14
Granted		97			35.45
Cancelled		(92	)		31.83
Exercised		(167	)		18.19

Outstanding, December 30, 2012		705		$	27.35

		Weighted Average Exercise Price			Aggregate Intrinsic Value

Outstanding as of December 30, 2012	705	$	27.35	6.31	$	5,424
Vested and expected to vest as of December 30, 2012(1)	660	$	27.05	6.17	$	5,281
Exercisable as of December 30, 2012	435	$	26.01	5.25	$	4,060

(1): The expected to vest options are the result of applying the pre-vesting forfeiture rate assumption to total outstanding options.

Schedule of average assumptions used in estimation of fair value of options

	2012			2011			2010

Risk-free interest rate		0.7	%		1.2	%		1.5	%
Expected years until exercise		4.1			3.6			3.6
Expected stock volatility		52.8	%		60.3	%		57.9	%
Dividend yield		0.0	%		0.0	%		0.0	%
Weighted average Black-Scholes fair value per share at date of grant	$	14.60		$	14.21		$	9.12
Total intrinsic value of options exercised (in thousands)	$	1,477		$	657		$	176

Summary of the status of the Company's non-vested shares

The table below summarizes the status of the Company's non-vested shares under the 2007 Stock Plan (in thousands, except per share data and grant-date fair value):

	Restricted Stock

	Shares			Weighted Average Grant-Date Fair Value (per share)
Non-vested outstanding, December 25, 2011		14		$	20.85
Granted		—			—
Cancelled		(1	)		14.93
Vested		(9	)		23.73

Non-vested outstanding, December 30, 2012		4		$	14.93

Time Based RSUs

Share-based compensation plan disclosures

Summary of the status of the Company's restricted stock units

The table below summarizes the status of the Company's time-based RSUs under the 2007 Stock Plan (shares in thousands):

	Restricted Stock Units

	Shares			Weighted Average Grant-Date Fair Value (per share)
Outstanding, December 25, 2011		165		$	24.85
Granted		66			33.67
Cancelled		(6	)		24.81
Vested		(45	)		24.83

Outstanding, December 30, 2012		180		$	28.52