NASDAQ_TXRH_2018

(coco) #1
Grants of Plan-Based Awards Table

Estimated Future Payouts All Other Stock Grant Date
Under Equity Incentive Awards: Number Fair Value of
Plan Awards(1) of Shares of Stock Stock and
or Units Option Awards
Name Grant Date Minimum Target Maximum (#)(2) ($)(3)


W. Kent Taylor
Scott M. Colosi
Celia P. Catlett
S. Chris Jacobsen
Tonya R. Robinson
Service Based RSUs
vesting on
February 26, 2019. February 26, 2018 — — — 1,500(4) 85,920(i)
Service Based RSUs
vesting on May 4,
2019 ........... May 4, 2018 — — — 1,500(4) 93,765(i)
Service Based RSUs
vesting on June 11,
2019 ........... June 11, 2018 — — — 7,000 447,090(i)
Doug W. Thompson
Service Based RSUs
vesting on
January 8, 2019... January 8, 2018 — — — 20,000(4) 1,137,600(ii)
Service Based RSUs
vesting on
August 27, 2019... August 27, 2018 — — — 2,000 133,640(ii)


(1) These amounts reflect the minimum, target, and maximum number of shares issuable under performance
awards. The related performance targets and certain results are described in detail in the
‘‘Compensation Discussion and Analysis’’.


(2) Each stock award consists of restricted stock units, where each unit represents the conditional right
to receive one share of our common stock upon satisfaction of vesting requirements. See the
‘‘Compensation Discussion and Analysis’’ for the conditions of accelerated vesting upon termination
of employment other than for cause.


(3) Reflects the grant date fair value computed in accordance with FASB ASC Topic 718 of the target
number of performance based units and restricted stock units granted to the Named Executive
Officers using the closing price of the Company’s common stock on the last trading day immediately
preceding the grant date, which was based on the following:
(i) With respect to Ms. Robinson, 1,500 restricted stock units granted on February 26, 2018 at
$57.28, 1,500 restricted stock units granted on May 4, 2018 at $62.51, and 7,000 restricted
stock units granted at $63.87.
(ii) With respect to Mr. Thompson, 20,000 restricted stock units granted on January 5, 2018 at
$56.88 and 2,000 restricted stock units granted on August 27, 2018 at $66.82.
These are not amounts paid to or received by the Named Executive Officers. For discussion of the
assumptions used in determining these values, see Note 13 to the consolidated financial statements
in the Company’s Annual Report on Form 10-K for the fiscal year ended December 25, 2018.


(4) These amounts reflect certain restricted stock units granted to Ms. Robinson and Mr. Thompson,
respectively, prior to their respective promotions in 2018.

Free download pdf