Donnie Upshaw - Feb 15, 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Role
Chief People Officer
Signature
/s/ Albert G. McGrath, as attorney-in-fact
Stock symbol
WING
Transactions as of
Feb 15, 2022
Transactions value $
-$15,453
Form type
4
Date filed
2/17/2022, 04:32 PM
Previous filing
May 18, 2021
Next filing
Feb 22, 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 Award $0 +329 +10.95% $0.00 3.33K Feb 15, 2022 Direct F1, F2, F3
transaction WING Common Stock, par value $0.01 per share Tax liability -$15.5K -98 -2.94% $157.68 3.24K Feb 15, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 6, 2019, the reporting person was granted 987 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation 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 329 performance-based RSUs.
F2 RSUs convert into common stock on a one-for-one basis.
F3 Includes 159 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan in June 2021.
F4 Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs.