Michael Skipworth - 23 Feb 2024 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath by Power of Attorney
Issuer symbol
WING
Transactions as of
23 Feb 2024
Net transactions value
-$3,161,806
Form type
4
Filing time
23 Feb 2024, 20:41:38 UTC
Previous filing
22 Feb 2024
Next filing
04 Mar 2024

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 $148,792 +1,990 +8.5% $74.77 25,337 23 Feb 2024 Direct
transaction WING Common Stock, par value $0.01 per share Options Exercise $161,517 +1,291 +5.1% $125.11 26,628 23 Feb 2024 Direct
transaction WING Common Stock, par value $0.01 per share Options Exercise $186,323 +1,322 +5% $140.94 27,950 23 Feb 2024 Direct
transaction WING Common Stock, par value $0.01 per share Sale $100,127 -300 -1.1% $333.76 27,650 23 Feb 2024 Direct F1
transaction WING Common Stock, par value $0.01 per share Sale $100,336 -300 -1.1% $334.45 27,350 23 Feb 2024 Direct F2
transaction WING Common Stock, par value $0.01 per share Sale $302,738 -902 -3.3% $335.63 26,448 23 Feb 2024 Direct F3
transaction WING Common Stock, par value $0.01 per share Sale $168,396 -500 -1.9% $336.79 25,948 23 Feb 2024 Direct F4
transaction WING Common Stock, par value $0.01 per share Sale $307,233 -910 -3.5% $337.62 25,038 23 Feb 2024 Direct F5
transaction WING Common Stock, par value $0.01 per share Sale $203,747 -601 -2.4% $339.01 24,437 23 Feb 2024 Direct F6
transaction WING Common Stock, par value $0.01 per share Sale $370,377 -1,090 -4.5% $339.80 23,347 23 Feb 2024 Direct F7
transaction WING Common Stock, par value $0.01 per share Sale $166,820 -500 -2.1% $333.64 22,847 23 Feb 2024 Direct F8
transaction WING Common Stock, par value $0.01 per share Sale $352,009 -1,050 -4.6% $335.25 21,797 23 Feb 2024 Direct F9
transaction WING Common Stock, par value $0.01 per share Sale $273,680 -814 -3.7% $336.22 20,983 23 Feb 2024 Direct F10
transaction WING Common Stock, par value $0.01 per share Sale $540,155 -1,600 -7.6% $337.60 19,383 23 Feb 2024 Direct F11
transaction WING Common Stock, par value $0.01 per share Sale $305,098 -900 -4.6% $339.00 18,483 23 Feb 2024 Direct F12
transaction WING Common Stock, par value $0.01 per share Sale $467,723 -1,376 -7.4% $339.91 17,107 23 Feb 2024 Direct F13

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 -1,990 -100% $0.000000* 0 23 Feb 2024 Common Stock, par value $0.01 per share 1,990 $74.77 Direct F14, F15
transaction WING Employee Stock Option (right to buy) Options Exercise $0 -1,291 -50% $0.000000 1,291 23 Feb 2024 Common Stock, par value $0.01 per share 1,291 $125.11 Direct F16, F17
transaction WING Employee Stock Option (right to buy) Options Exercise $0 -1,322 -33% $0.000000 2,646 23 Feb 2024 Common Stock, par value $0.01 per share 1,322 $140.94 Direct F18, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold in multiple transactions at prices ranging from $333.1825 to $334.1800. 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.
F2 The shares were sold in multiple transactions at prices ranging from $334.1900 to $334.7000. 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 $335.1900 to $336.0500. 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 $336.4050 to $337.3900. 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 $337.4300 to $338.0300. 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 shares were sold in multiple transactions at prices ranging from $338.4850 to $339.4500. 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.
F7 The shares were sold in multiple transactions at prices ranging from $339.5400 to $340.3500. 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.
F8 The shares were sold in multiple transactions at prices ranging from $333.3300 to $334.0300. 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.
F9 The shares were sold in multiple transactions at prices ranging from $334.8700 to $335.8400. 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.
F10 The shares were sold in multiple transactions at prices ranging from $335.8800 to $336.7000. 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.
F11 The shares were sold in multiple transactions at prices ranging from $337.0650 to $338.0300. 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.
F12 The shares were sold in multiple transactions at prices ranging from $338.4700 to $339.4500. 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.
F13 The shares were sold in multiple transactions at prices ranging from $339.5400 to $340.2600. 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.
F14 The exercise price of this stock option was originally $83.77 per share but has been reduced to $74.77 to reflect the impact of special dividends paid to our stockholders.
F15 On March 4, 2020, the reporting person was granted an option to purchase 5,969 shares of common stock pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan ("the Plan"). The option vested and became exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
F16 The exercise price of this stock option was originally $129.11 per share but has been reduced to $125.11 to reflect the impact of special dividends paid to our stockholders.
F17 On March 3, 2021, the reporting person was granted an option to purchase 3,873 shares of common stock pursuant to the Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
F18 The exercise price of this stock option was originally $144.94 per share but has been reduced to $140.94 to reflect the impact of special dividends paid to our stockholders.
F19 On March 2, 2022 , the reporting person was granted an option to purchase 3,968 shares of common stock pursuant to the Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.