Donnie Upshaw - Sep 8, 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: Sep 8, 2023
Transactions value $: -$18,131
Form type: 4
Date filed: 9/8/2023, 05:42 PM
Previous filing: Mar 10, 2023
Next filing: Sep 13, 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	+287	+4.4%	$0.00	6.8K	Sep 8, 2023	Direct	F1
transaction	WING	Common Stock, par value $0.01 per share	Tax liability	-$18.1K	-113	-1.62%	$160.45	6.87K	Sep 8, 2023	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	-287	-33.33%	$0.00	574	Sep 8, 2023	Common Stock, par value $0.01 per share	287		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 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	Includes 181 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan on June 29, 2023.
F4	The RSUs were granted on September 8, 2022 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.