Donnie Upshaw - Mar 2, 2023 Form 4 Insider Report for Wingstop Inc. (WING)

Role
SVP Corp Restaurants & CPO
Signature
/s/ Albert G. McGrath by Power of Attorney
Stock symbol
WING
Transactions as of
Mar 2, 2023
Transactions value $
-$48,168
Form type
4
Date filed
3/6/2023, 05:12 PM
Previous filing
Feb 27, 2023
Next filing
Mar 10, 2023

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 +230 +3.83% $0.00 6.24K Mar 2, 2023 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability -$9.81K -57 -0.91% $172.16 6.18K Mar 2, 2023 Direct F2
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +220 +3.56% $0.00 6.4K Mar 3, 2023 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability -$15.1K -87 -1.36% $173.55 6.31K Mar 3, 2023 Direct F2
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +338 +5.35% $0.00 6.65K Mar 4, 2023 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability -$23.3K -134 -2.01% $173.55 6.52K Mar 4, 2023 Direct F2

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 -230 -33.33% $0.00 460 Mar 2, 2023 Common Stock, par value $0.01 per share 230 Direct F1, F3
transaction WING Restricted Stock Units Options Exercise $0 -220 -50% $0.00 220 Mar 3, 2023 Common Stock, par value $0.01 per share 220 Direct F1, F4
transaction WING Restricted Stock Units Options Exercise $0 -338 -100% $0.00* 0 Mar 4, 2023 Common Stock, par value $0.01 per share 338 Direct F1, F5
* 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 the number of shares withheld for the payment of tax liabilities in connection with the vesting of service-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
F3 The RSUs were granted on March 2, 2022 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.
F4 The RSUs were granted on March 3, 2021 pursuant to the Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
F5 The RSUs were granted on March 4, 2020 pursuant to the Plan. The RSUs vested in three equal annual installments beginning on the first anniversary of the grant date.