Marisa Carona - Mar 3, 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Role: SVP, Chief Growth Officer
Signature: /s/ Albert G. McGrath, as attorney-in-fact
Stock symbol: WING
Transactions as of: Mar 3, 2022
Transactions value $: -$21,765
Form type: 4
Date filed: 3/7/2022, 06:08 PM
Previous filing: Mar 4, 2022
Next filing: May 10, 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	Options Exercise	$0	+145	+51.97%	$0.00	424	Mar 3, 2022	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Sale	-$5.01K	-37	-8.73%	$135.34	387	Mar 3, 2022	Direct	F2, F3
transaction	WING	Common Stock, par value $0.01 per share	Options Exercise	$0	+206	+53.23%	$0.00	593	Mar 3, 2022	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Options Exercise	$0	+293	+49.41%	$0.00	886	Mar 6, 2022	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Sale	-$16.8K	-123	-13.88%	$136.24	763	Mar 7, 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	-145	-33.26%	$0.00	291	Mar 3, 2022	Common Stock, par value $0.01 per share	145		Direct	F1, F5
transaction	WING	Restricted Stock Units	Options Exercise	$0	-206	-50.12%	$0.00	205	Mar 4, 2022	Common Stock, par value $0.01 per share	206		Direct	F1, F6
transaction	WING	Restricted Stock Units	Options Exercise	$0	-293	-100%	$0.00^*	0	Mar 6, 2022	Common Stock, par value $0.01 per share	293		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 $135.0300 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.