Gerald L. Morgan - 23 May 2022 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Signature
/s/ Sean Renfroe, by Power of Attorney
Issuer symbol
TXRH
Transactions as of
23 May 2022
Net transactions value
-$2,284
Form type
4
Filing time
24 May 2022, 20:34:16 UTC
Previous filing
28 Feb 2022
Next filing
05 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Award $0 +70 +0.08% $0.000000 91,244 23 May 2022 Direct F1, F2
transaction TXRH Common Stock Tax liability $2,284 -32 -0.04% $71.37 91,212 23 May 2022 Direct F2

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 12,200 23 May 2022 Common Stock 12,200 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of stock pursuant to the Company's 2021 Long Term Incentive Plan.
F2 On May 23, 2022, the reporting person received a grant of stock in recognition of his 25-year anniversary with the Company. The Company withheld a portion of the shares for purposes of paying taxes associated with the grant.
F3 Each restricted stock unit represents a conditional right to receive one share of the Company's common stock.
F4 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.