Christopher C. Colson - Jan 8, 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role
CHIEF LEGAL & ADMIN OFFICER
Signature
/s/ Sean Renfroe, by Power of Attorney
Stock symbol
TXRH
Transactions as of
Jan 8, 2023
Transactions value $
-$333,137
Form type
4
Date filed
1/10/2023, 07:31 PM
Previous filing
Aug 19, 2022
Next filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Options Exercise $0 +5.5K +183.33% $0.00 8.5K Jan 8, 2023 Direct F1
transaction TXRH Common Stock Tax liability -$175K -1.87K -21.95% $93.52 6.63K Jan 8, 2023 Direct
transaction TXRH Common Stock Sale -$159K -1.63K -24.63% $97.08 5K Jan 10, 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 +5.3K $0.00 5.3K Jan 8, 2023 Common Stock 5.3K Direct F4, F5, F6
transaction TXRH Restricted Stock Units Options Exercise $0 -5.5K -100% $0.00* 0 Jan 8, 2023 Common Stock 5.5K 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 August 23, 2022.
F3 Weighted average sale price reported. The shares were sold within the range of $96.83 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.