Filing Details

Accession Number:
0000899243-18-009947
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-11 16:05:40
Reporting Period:
2018-04-09
Accepted Time:
2018-04-11 16:05:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1636222 Wingstop Inc. WING () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1390389 R Charles Morrison C/O Wingstop Inc.
5501 Lbj Freeway, 5Th Floor
Dallas TX 75240
Chairman, President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2018-04-09 20,000 $1.52 124,152 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2018-04-09 11,000 $48.20 113,152 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2018-04-09 20,000 $0.00 20,000 $1.52
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,009 2022-08-30 No 4 M Direct
Footnotes
  1. The total number of shares reported has been adjusted to account for a charitable gift of 6,000 shares on behalf of the reporting person on March 2, 2018, the details of which will be reported on the reporting person's next Form 5 filing.
  2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Accordingly, the reporting person had no discretion with regard to the timing of the transaction. The plan was adopted to facilitate diversification within the reporting person's overall portfolio.
  3. Represents shares sold in the open market, the majority of the proceeds of which were used to pay the tax withholding obligations incurred upon the option exercise.
  4. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $47.85 to $48.49. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of Wingstop Inc. (the "Issuer"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
  5. This transaction represents approximately 3.4% of the reporting person's total holdings of common stock (including service-based options, vested performance-based options and service-based restricted stock units) on a pre-transaction basis, which represents 327,042 shares.
  6. On August 30, 2012, the reporting person was granted an option to purchase 204,375 shares of common stock. The option vested in four equal annual installments based on the Issuer's satisfaction of certainperformance criteria for each of the fiscal years 2013, 2014, 2015 and 2016.