Donnie Upshaw - May 15, 2021 Form 4 Insider Report for Wingstop Inc. (WING)

Role: Senior Vice President, People
Signature: /s/ Albert G. McGrath, as attorney-in-fact
Stock symbol: WING
Transactions as of: May 15, 2021
Transactions value $: -$14,197
Form type: 4
Date filed: 5/18/2021, 04:36 PM
Next filing: Feb 17, 2022

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	+427	+16.92%	$0.00	2.95K	May 15, 2021	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Sale	-$12.2K	-90	-3.05%	$135.40	2.86K	May 17, 2021	Direct	F2
transaction	WING	Common Stock, par value $0.01 per share	Sale	-$2.01K	-15	-0.52%	$134.06	2.85K	May 17, 2021	Direct	F2

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	-427	-100%	$0.00^*	0	May 15, 2021	Common Stock, par value $0.01 per share	427		Direct	F1, F3

* 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 RSUs were granted on May 1, 2018 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vested on May 15, 2021.