Stacy Peterson - 11 May 2021 Form 4 Insider Report for Wingstop Inc. (WING)

Role: EVP, Chief Technology Officer
Signature: /s/ Albert G. McGrath, as attorney-in-fact
Issuer symbol: WING
Transactions as of: 11 May 2021
Net transactions value: -$28,617
Form type: 4
Filing time: 13 May 2021, 16:36:12 UTC
Next filing: 03 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WING	Common Stock, par value $0.01 per share	Options Exercise	$0	+850	+12%	$0.000000	7,766	11 May 2021	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Sale	$28,617	-212	-2.7%	$134.98	7,554	11 May 2021	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WING	Restricted Stock Units	Options Exercise	$0	-850	-33%	$0.000000	1,705	11 May 2021	Common Stock, par value $0.01 per share	850		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2	Represents shares sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of RSUs.
F3	The shares were sold in multiple transactions at prices ranging from $134.97 to $135.30. The price reported above reflects the weighted-average price. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4	The RSUs were granted on May 11, 2020 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan and vest in three equal annual installments beginning on the first anniversary of the grant date.