NASDAQ_TXRH_2018

(coco) #1

Summary Compensation Table


The following table sets forth the total compensation earned with respect to the fiscal years 2018,
2017, and 2016 for Mr. Taylor, our Chairman and Chief Executive Officer, Mr. Colosi, our President
and former Chief Financial Officer, and Ms. Robinson, our current Chief Financial Officer. It also
includes such information for each of our three other most highly compensated executive officers
during fiscal year 2018, as and if applicable.


Grant Date Non-equity
Fair Value of Incentive Plan All Other
Name and Principal Bonus Stock Awards Compensation Compensation Total
Position Year Salary ($) ($)(1) ($)(2)(3) ($) ($) ($)(3)


W. Kent Taylor..............2018 525,000 — — 829,316 8,782 1,363,098
Chairman, Chief 2017 525,000 — 7,314,300 710,240 8,670 8,558,210
Executive Officer 2016 525,000 — 3,389,800 859,342 8,949 4,783,091
Scott M. Colosi .............2018 450,000 200 — 552,877 8,782 1,011,859
President, Chief 2017 450,000 200 2,709,000 473,494 8,670 3,641,364
Financial Officer(4) 2016 450,000 200 1,196,400 572,895 8,949 2,228,444
Celia P. Catlett..............2018 313,961 200 — 292,235 8,782 615,178
General Counsel, 2017 298,269 200 1,083,600 169,105 8,670 1,559,844
Corporate Secretary 2016 273,365 200 — 204,605 8,949 487,119
S. Chris Jacobsen............2018 300,000 200 — 315,930 8,782 624,912
Chief Marketing 2017 300,000 200 541,800 236,747 8,670 1,087,417
Officer 2016 298,668 200 1,338,911 204,605 8,949 1,851,333
Tonya R. Robinson...........2018 250,633 200 626,775 208,601 982 1,087,191
Chief Financial Officer
Doug W. Thompson..........2018 450,000 200 1,271,240 659,430 8,782 2,389,652
Chief Operating Officer


(1) This column represents holiday bonus awards paid to the Named Executive Officers for the fiscal
years ended December 25, 2018, December 26, 2017, and December 27, 2016.


(2) Reflects the grant date fair value computed in accordance with ASC 718 of performance based
restricted stock units and service based restricted stock units granted pursuant to the Company’s
long term incentive plan using the closing price of the Company’s common stock on the last
trading day immediately preceding the grant date. These are not amounts paid to or received by
the Named Executive Officers.
The Company cautions that the amounts reported in the Summary Compensation Table for these
awards may not represent the amounts that the Named Executive Officers will actually realize
from the awards. Whether, and to what extent, a Named Executive Officer realizes value will
depend on the Company’s actual operating performance, stock price fluctuations and the Named
Executive Officer’s continued service with the Company. Additional information on all outstanding
stock and option awards is reflected in the ‘‘Grants of Plan-Based Awards Table’’ and the
‘‘Outstanding Equity Awards at Fiscal Year End Table.’’


(3) With respect to Mr. Taylor, (i) amounts for the 2017 fiscal year include (a) the performance based
restricted stock units and service based restricted stock units granted to Mr. Taylor during the 2017
fiscal year relating to his 2018 year service, and (b) the ‘‘retention’’ restricted stock units granted
under his 2018 Employment Agreement as more particularly described above and (ii) amounts for
the 2016 fiscal year include the performance based restricted stock units granted to him during the
2016 fiscal year relating to his 2017 year service.

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