James R. Zarley - 10 Jan 2022 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role: Director
Signature: /s/ Sean Renfroe, by Power of Attorney
Issuer symbol: TXRH
Transactions as of: 10 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 11 Jan 2022, 20:01:00 UTC
Previous filing: 07 May 2021
Next filing: 24 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TXRH	Common Stock	Options Exercise	$0	+2,300	+3.1%	$0.000000	75,343	10 Jan 2022	Direct	F1
holding	TXRH	Common Stock						18,900	10 Jan 2022	Zarley Investments LP	F2
holding	TXRH	Common Stock						4,000	10 Jan 2022	Zarley Family Foundation	F3

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	-2,300	-100%	$0.000000^*	0	10 Jan 2022	Common Stock	2,300		Direct	F4, F5
transaction	TXRH	Restricted Stock Units	Award	$0	+2,200		$0.000000	2,200	10 Jan 2022	Common Stock	2,200		Direct	F4, F6, 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	The reporting person is the General Partner of Zarley Investments LP and has investment control over the securities. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest.
F3	The reporting person has investment control over the securities of Zarley Family Foundation. The reporting person disclaims beneficial ownership within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the reporting person has no actual pecuniary interest.
F4	Each restricted stock unit represents a conditional right to receive one share of the Company's Common Stock.
F5	The restricted stock units vested on January 8, 2022. Delivery of the shares to the reporting person occurred on January 10, 2022.
F6	Grant of restricted stock units pursuant to the Company's 2021 Long Term Incentive Plan.
F7	The restricted stock units vest on January 8, 2023. Delivery of the shares to the reporting person will occur on January 9, 2023, subject to the reporting person's continued service with the Company.