Nicolas Boudet - Nov 12, 2021 Form 4 Insider Report for Wingstop Inc. (WING)

Role
SVP, Pres. of International
Signature
/s/ Albert G. McGrath, as attorney-in-fact
Stock symbol
WING
Transactions as of
Nov 12, 2021
Transactions value $
-$25,714
Form type
4
Date filed
11/16/2021, 04:04 PM
Previous filing
Aug 3, 2021
Next filing
Dec 13, 2021

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 $91.5K +1.16K +93.18% $78.77 2.41K Nov 12, 2021 Direct
transaction WING Common Stock, par value $0.01 per share Sale -$117K -693 -28.79% $169.07 1.71K Nov 12, 2021 Direct F1, 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 Employee Stock Option (right to buy) Options Exercise $0 -1.16K -33.34% $0.00 2.32K Nov 12, 2021 Common Stock, par value $0.01 per share 1.16K $78.77 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold in the open market, the proceeds of which were used to pay the exercise price and tax withholding obligations incurred upon the exercise of the option.
F2 The shares were sold in multiple transactions at prices ranging from $169.00 to $169.15. 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.
F3 The exercise price of this stock option was originally $83.77 per share but has been reduced to $78.77 to reflect the impact of special dividends paid to our stockholders.
F4 On March 4, 2020, the reporting person was granted an option to purchase 3,482 shares of common stock pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.