Gerald L. Morgan - May 10, 2021 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role
CEO, President
Signature
/s/ Sean Renfroe, by Power of Attorney
Stock symbol
TXRH
Transactions as of
May 10, 2021
Transactions value $
-$31,808
Form type
4
Date filed
5/10/2021, 09:01 PM
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Options Exercise $0 +1.25K +1.94% $0.00 65.5K May 10, 2021 Direct F1
transaction TXRH Common Stock Tax liability -$31.8K -304 -0.46% $104.63 65.2K May 10, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TXRH Restricted Stock Units Options Exercise $0 -1.25K -100% $0.00* 0 May 10, 2021 Common Stock 1.25K Direct F2, F3
holding TXRH Restricted Stock Units 1.25K May 10, 2021 Common Stock 1.25K Direct F2, F4
holding TXRH Restricted Stock Units 1.25K May 10, 2021 Common Stock 1.25K Direct F2, F5
holding TXRH Restricted Stock Units 5K May 10, 2021 Common Stock 5K Direct F2, F6
holding TXRH Restricted Stock Units 5K May 10, 2021 Common Stock 5K Direct F2, F6
holding TXRH Restricted Stock Units 1.25K May 10, 2021 Common Stock 1.25K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that are fully vested on the transaction date.
F2 Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F3 The restricted stock units vested on May 8, 2021. Delivery of the shares to the reporting person occurred on May 10, 2021.
F4 The restricted stock units vest on August 7, 2021. Delivery of the shares to the reporting person will occur on August 9, 2021, subject to the reporting person's continued service with the Company.
F5 The restricted stock units vest on November 3, 2021. Delivery of the shares to the reporting person will occur on November 3, 2021, subject to the reporting person's continued service with the Company.
F6 The restricted stock units vest on January 8, 2022. Delivery of the shares to the reporting person will occur on January 10, 2022, subject to the reporting person's continued service with the Company.
F7 The restricted stock units vest on February 24, 2022. Delivery of the shares to the reporting person will occur on February 24, 2022, subject to the reporting person's continued service with the Company.