Tonya Robinson - 10 Jan 2022 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role: Chief Financial Officer
Signature: /s/ Sean Renfroe, by Power of Attorney
Issuer symbol: TXRH
Transactions as of: 10 Jan 2022
Net transactions value: -$887,694
Form type: 4
Filing time: 11 Jan 2022, 20:03:41 UTC
Previous filing: 09 Dec 2021
Next filing: 01 Mar 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	+10,000	+89%	$0.000000	21,197	10 Jan 2022	Direct	F1
transaction	TXRH	Common Stock	Tax liability	$293,486	-3,253	-15%	$90.22	17,944	10 Jan 2022	Direct
transaction	TXRH	Common Stock	Sale	$594,208	-6,747	-38%	$88.07	11,197	11 Jan 2022	Direct	F2, 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	-10,000	-100%	$0.000000^*	0	10 Jan 2022	Common Stock	10,000		Direct	F4, F5
transaction	TXRH	Restricted Stock Units	Award	$0	+5,500		$0.000000	5,500	10 Jan 2022	Common Stock	5,500		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	These shares were disposed of pursuant to a written non-discretionary Rule 10b5-1 stock purchase plan dated November 22, 2021.
F3	Weighted average sale price reported. The shares were sold within the range of $87.70 to $88.73. The reporting person will provide full information regarding the specific number of shares sold at each separate price upon request by the Commission Staff, the Company, or any security holder of the Company.
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.