SEC Form 4 · accession 0001179110-18-002376
Texas Roadhouse, Inc. · TXRH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Kent Taylor
Officer — Chairman, CEO · Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001289460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 15, 2018 | A | 114,991 | $0.00 | A | 3,832,914 | D | |
| Common Stock | Feb 15, 2018 | F | 53,441 | $57.16 | D | 3,779,473 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitF2,F4 | — | holding | — | — | — | — | — | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1On February 15, 2018, 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, 2018, but became reportable on February 15, 2018.
- F2Each restricted stock unit represents a conditional right to receive one share of the Company's Common Stock.
- F3The restricted stock units vest on January 8, 2019. Delivery of the shares to the reporting person will occur on January 8, 2019, subject to the reporting person's continued service with the Company.
- F4The restricted stock units vest on January 8, 2023. Delivery of the shares to the reporting person will occur on January 8, 2023, subject to the reporting person's continued service with the Company.