Mahesh Sadarangani - 27 Aug 2021 Form 4 Insider Report for Wingstop Inc. (WING)

Role
EVP, Chief Operating Officer
Signature
/s/ Albert G. McGrath, as attorney-in-fact
Issuer symbol
WING
Transactions as of
27 Aug 2021
Net transactions value
-$10,312
Form type
4
Filing time
31 Aug 2021, 16:26:43 UTC
Previous 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 +243 +29% $0.000000 1,092 27 Aug 2021 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability $10,312 -60 -5.5% $171.86 1,032 27 Aug 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 -243 -50% $0.000000 243 27 Aug 2021 Common Stock, par value $0.01 per share 243 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mahesh Sadarangani is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of RSUs.
F3 The RSUs were granted on August 27, 2019 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.