Stacy Peterson - Nov 17, 2022 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath by Power of Attorney
Stock symbol
WING
Transactions as of
Nov 17, 2022
Transactions value $
-$643,926
Form type
4
Date filed
11/18/2022, 04:38 PM
Previous filing
Sep 9, 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 $254K +2.16K +41.41% $117.48 7.37K Nov 17, 2022 Direct
transaction WING Common Stock, par value $0.01 per share Options Exercise $132K +1.06K +14.35% $125.11 8.43K Nov 17, 2022 Direct
transaction WING Common Stock, par value $0.01 per share Sale -$194K -1.22K -14.42% $159.59 7.22K Nov 17, 2022 Direct F1, F2
transaction WING Common Stock, par value $0.01 per share Sale -$243K -1.52K -21% $160.26 5.7K Nov 17, 2022 Direct F1, F3
transaction WING Common Stock, par value $0.01 per share Sale -$174K -1.09K -19.09% $159.69 4.61K Nov 17, 2022 Direct F4
transaction WING Common Stock, par value $0.01 per share Sale -$403K -2.51K -54.42% $160.76 2.1K Nov 17, 2022 Direct F5
transaction WING Common Stock, par value $0.01 per share Sale -$15.8K -98 -4.66% $161.57 2K Nov 17, 2022 Direct

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 Employee Stock Option (right to buy) Options Exercise $0 -2.16K -66.59% $0.00 1.08K Nov 17, 2022 Common Stock, par value $0.01 per share 2.16K $117.48 Direct F6, F7
transaction WING Employee Stock Option (right to buy) Options Exercise $0 -1.06K -33.31% $0.00 2.12K Nov 17, 2022 Common Stock, par value $0.01 per share 1.06K $125.11 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold in the open market, the proceeds of which were used to pay the exercise price and tax withholding obligations incurred upon the exercise of the options.
F2 The shares were sold in multiple transactions at prices ranging from $159.0000 to $159.8250. 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.
F3 The shares were sold in multiple transactions at prices ranging from $160.0000 to $160.8000. 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 $159.2500 to $160.2400. 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 shares were sold in multiple transactions at prices ranging from $160.2600 to $161.1600. 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.
F6 The exercise price of this stock option was originally $126.48 but has been reduced to $117.48 to reflect the impact of special dividends paid to our stockholders.
F7 On May 11, 2020, the reporting person was granted an option to purchase 3,242 shares of common stock pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
F8 The exercise price of this stock option was originally $129.11 but has been reduced to $125.11 to reflect the impact of special dividends paid to our stockholders.
F9 On March 3, 2021, the reporting person was granted an option to purchase 3,176 shares of common stock pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.