S. Chris Jacobsen - Feb 25, 2022 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Signature
/s/ Sean Renfroe, by Power of Attorney
Stock symbol
TXRH
Transactions as of
Feb 25, 2022
Transactions value $
-$367,556
Form type
4
Date filed
3/1/2022, 07:30 PM
Previous filing
Jan 11, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Award $0 +9.39K +51.81% $0.00 27.5K Feb 25, 2022 Direct F1
transaction TXRH Common Stock Tax liability -$368K -4.07K -14.8% $90.22 23.4K Feb 25, 2022 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
holding TXRH Restricted Stock Units 4.4K Feb 25, 2022 Common Stock 4.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective upon the issuance of the Company's audited financial statements on February 25, 2022, the Company's compensation committee certified the achievement of specified financial performance goals that determined the number of previously granted performance restricted stock units, which vested on January 8, 2022, but became reportable on February 25, 2022.
F2 Each restricted stock unit represents a conditional right to receive one share of the Company's Common Stock.
F3 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.