NASDAQ_TXRH_2019

(coco) #1

Summary Compensation Table


The following table sets forth the total compensation earned with respect to the fiscal years 2019,
2018, and 2017 for Mr. Taylor, our Chairman, Chief Executive Officer, and President, and Ms. Robinson,
our Chief Financial Officer. It also includes such information for each of our three other most highly
compensated executive officers during fiscal year 2019, as and if applicable.


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


W. Kent Taylor 2019 525,000 — 3,711,600 654,181 8,961 4,899,742
Chairman, Chief Executive 2018 525,000 — — 829,316 8,782 1,363,098
Officer, President 2017 525,000 — 7,314,300 710,240 8,670 8,558,210


Tonya R. Robinson 2019 298,077 200 1,237,200 249,212 1,161 1,785,850
Chief Financial Officer 2018 250,633 200 626,775 208,601 982 1,087,191


Scott M. Colosi 2019 219,808 — 4,020,900 — 1,727,455(4) 5,968,163
Former President 2018 450,000 200 — 552,877 8,782 1,011,859
2017 450,000 200 2,709,000 473,494 8,670 3,641,364


S. Chris Jacobsen 2019 314,481 200 742,320 249,212 8,961 1,315,174
Chief Marketing Officer 2018 300,000 200 — 315,930 8,782 624,912
2017 300,000 200 541,800 236,747 8,670 1,087,417


Doug W. Thompson 2019 450,000 200 2,629,050 598,108 8,961 3,686,319
Chief Operating Officer 2018 450,000 200 1,271,240 659,430 8,782 2,389,652


(1) This column represents holiday bonus awards paid to the Named Executive Officers for the fiscal
years ended December 31, 2019, December 25, 2018, and December 26, 2017.


(2) Reflects the grant date fair value computed in accordance with FASB ASC Topic 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 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 2019 fiscal year include the performance based
restricted stock units and service based restricted stock units granted to Mr. Taylor during the 2019
fiscal year relating to his 2019 year service, and (ii) 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.
With respect to Mr. Colosi, (i) amounts for the 2019 fiscal year include (a) the performance based
restricted stock units and service based restricted stock units granted to Mr. Colosi during the 2019
fiscal year relating to his 2019 year service, and (b) the ‘‘retention’’ restricted stock units granted to
Mr. Colosi during the 2019 fiscal year, and (ii) amounts for the 2017 fiscal year include the
performance based restricted stock units and service based restricted stock units granted to

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