Albert G. McGrath - Mar 2, 2024 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath
Stock symbol
WING
Transactions as of
Mar 2, 2024
Transactions value $
-$65,198
Form type
4
Date filed
3/4/2024, 05:52 PM
Previous filing
Feb 22, 2024
Next filing
Mar 8, 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 $0 +230 +2.24% $0.00 10.5K Mar 2, 2024 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability -$33.3K -91 -0.87% $366.28 10.4K Mar 2, 2024 Direct F2
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +220 +2.11% $0.00 10.6K Mar 3, 2024 Direct F1
transaction WING Common Stock, par value $0.01 per share Tax liability -$31.9K -87 -0.82% $366.28 10.5K Mar 3, 2024 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 -50% $0.00 230 Mar 2, 2024 Common Stock, par value $0.01 per share 230 Direct F1, F3
transaction WING Restricted Stock Units Options Exercise $0 -220 -100% $0.00* 0 Mar 3, 2024 Common Stock, par value $0.01 per share 220 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 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.