Regina A. Tobin - Feb 24, 2023 Form 4 Insider Report for Texas Roadhouse, Inc. (TXRH)

Role
PRESIDENT
Signature
/s/ Sean Renfroe, by Power of Attorney
Stock symbol
TXRH
Transactions as of
Feb 24, 2023
Transactions value $
-$438,532
Form type
4
Date filed
2/24/2023, 07:30 PM
Previous filing
Jan 10, 2023
Next filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXRH Common Stock Award $0 +5.23K +42.82% $0.00 17.4K Feb 24, 2023 Direct F1
transaction TXRH Common Stock Tax liability -$209K -1.98K -11.36% $105.21 15.5K Feb 24, 2023 Direct
transaction TXRH Common Stock Sale -$230K -2.22K -14.32% $103.84 13.2K Feb 24, 2023 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 5.3K Feb 24, 2023 Common Stock 5.3K Direct F3, F4
* 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 24, 2023, the Company's compensation committee certified the achievement of specified financial performance goals that determined the number of previously granted performance based restricted stock units, which vested on January 8, 2023 but became reportable on February 24, 2023.
F2 Weighted average sale price reported. The shares were sold within the range of $103.66 and $104.14. 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.
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, 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.