Stacy Peterson - 11 May 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath by Power of Attorney
Issuer symbol
WING
Transactions as of
11 May 2022
Net transactions value
-$15,458
Form type
4
Filing time
12 May 2022, 16:25:56 UTC
Previous filing
10 May 2022
Next filing
09 Sep 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 +851 +19% $0.000000 5,422 11 May 2022 Direct F1
transaction WING Common Stock, par value $0.01 per share Sale $15,458 -208 -3.8% $74.32 5,214 12 May 2022 Direct F2, F3

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 -851 -50% $0.000000 854 11 May 2022 Common Stock, par value $0.01 per share 851 Direct F1, F4
* 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 $74.25 to $74.33. 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 RSUs were granted on May 11, 2020 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan and vest in three equal annual installments beginning on the first anniversary of the grant date.