Hernan E. Mujica - 08 Jan 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Sean Renfroe, by Power of Attorney
Issuer symbol
TXRH
Transactions as of
08 Jan 2023
Net transactions value
-$350,885
Form type
4
Filing time
10 Jan 2023, 19:30:41 UTC
Previous filing
04 Aug 2022
Next filing
10 Jan 2024
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 +5,500 +35% $0.000000 21,006 08 Jan 2023 Direct F1
transaction TXRH Common Stock Tax liability $174,508 -1,866 -8.9% $93.52 19,140 08 Jan 2023 Direct
transaction TXRH Common Stock Sale $176,376 -1,817 -9.5% $97.07 17,323 10 Jan 2023 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 Award $0 +5,300 $0.000000 5,300 08 Jan 2023 Common Stock 5,300 Direct F4, F5, F6
transaction TXRH Restricted Stock Units Options Exercise $0 -5,500 -100% $0.000000* 0 08 Jan 2023 Common Stock 5,500 Direct F4, 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, 2022.
F3 Weighted average sale price reported. The shares were sold within the range of $96.87 and $97.28. 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 Grant of restricted stock units pursuant to the Company's 2021 Long Term Incentive Plan.
F6 The restricted stock units vest on January 8, 2024. Delivery of the shares to the reporting person will occur on January 8, 2024, subject to the reporting person's continued service with the Company.
F7 The restricted stock units vested on January 8, 2023. Delivery of the shares to the reporting person occurred on January 9, 2023.