Donnie Upshaw - 03 Mar 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Role
Chief People Officer
Signature
/s/ Albert G. McGrath, as attorney-in-fact
Issuer symbol
WING
Transactions as of
03 Mar 2022
Net transactions value
-$29,924
Form type
4
Filing time
07 Mar 2022, 18:08:22 UTC
Previous filing
04 Mar 2022
Next filing
10 May 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 Options Exercise $0 +219 +8.9% $0.000000 2,675 03 Mar 2022 Direct F1
transaction WING Common Stock, par value $0.01 per share Sale $7,444 -55 -2.1% $135.35 2,620 04 Mar 2022 Direct F2, F3
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +339 +13% $0.000000 2,959 04 Mar 2022 Direct F1
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +329 +11% $0.000000 3,288 06 Mar 2022 Direct F1
transaction WING Common Stock, par value $0.01 per share Sale $22,479 -165 -5% $136.24 3,123 07 Mar 2022 Direct F2, F4

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 -219 -33% $0.000000 440 03 Mar 2022 Common Stock, par value $0.01 per share 219 Direct F1, F5
transaction WING Restricted Stock Units Options Exercise $0 -339 -50% $0.000000 338 04 Mar 2022 Common Stock, par value $0.01 per share 339 Direct F1, F6
transaction WING Restricted Stock Units Options Exercise $0 -329 -100% $0.000000* 0 06 Mar 2022 Common Stock, par value $0.01 per share 329 Direct F1, F7
* 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 shares were sold in multiple transactions at prices ranging from $135.0700 to $135.9700. 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.
F4 The shares were sold in multiple transactions at prices ranging from $136.1300 to $136.4000. 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.
F5 The RSUs were granted on March 3, 2021 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan (the "Plan"). The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
F6 The RSUs were granted on March 4, 2020 pursuant to the Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
F7 The RSUs were granted on March 6, 2019 pursuant to the Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.