Alex Kaleida - 15 Feb 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Role
SVP, Chief Financial Officer
Signature
/s/ Albert G. McGrath, as attorney-in-fact
Issuer symbol
WING
Transactions as of
15 Feb 2022
Net transactions value
-$28,067
Form type
4
Filing time
17 Feb 2022, 16:27:00 UTC
Previous filing
01 Sep 2021
Next filing
04 Mar 2022
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 Award $0 +188 +16% $0.000000 1,372 15 Feb 2022 Direct F1, F2
transaction WING Common Stock, par value $0.01 per share Tax liability $8,830 -56 -4.1% $157.68 1,316 15 Feb 2022 Direct F3
transaction WING Common Stock, par value $0.01 per share Award $0 +267 +20% $0.000000 1,583 15 Feb 2022 Direct F2, F4
transaction WING Common Stock, par value $0.01 per share Tax liability $12,614 -80 -5.1% $157.68 1,503 15 Feb 2022 Direct F3
transaction WING Common Stock, par value $0.01 per share Award $0 +141 +9.4% $0.000000 1,644 15 Feb 2022 Direct F2, F5
transaction WING Common Stock, par value $0.01 per share Tax liability $6,623 -42 -2.6% $157.68 1,602 15 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 11, 2019, the reporting person was granted 563 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan (the "Plan"). The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2019, 2020 and 2021. The performance criteria for 2021 were met, resulting in the vesting of 188 performance-based RSUs.
F2 RSUs convert into common stock on a one-for-one basis.
F3 Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs.
F4 On March 4, 2020, the reporting person was granted 801 performance-based RSUs pursuant to the Plan. The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2020, 2021 and 2022. The performance criteria for 2021 were met, resulting in the vesting of 267 performance-based RSUs.
F5 On March 3, 2021, the reporting person was granted 424 performance-based RSUs pursuant to the Plan. The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2021, 2022 and 2023. The performance criteria for 2021 were met, resulting in the vesting of 141 performance-based RSUs.