SEC Form 4 · accession 0001179110-19-002625
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:55 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 22, 2019 | A | 78,983 | $0.00 | A | 3,865,272 | D | |
| Common Stock | Feb 22, 2019 | F | 36,174 | $61.86 | D | 3,829,098 | 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
- F1Effective upon the issuance of the Company's audited financial statements on February 22, 2019, 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, 2019, but became reportable on February 22, 2019.
- 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, 2020. Delivery of the shares to the reporting person will occur on January 8, 2020, 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 or about January 8, 2023, subject to the reporting person's continued service with the Company.