Filing Details

Accession Number:
0001636222-20-000052
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-06 17:35:53
Reporting Period:
2020-03-04
Accepted Time:
2020-03-06 17:35:53
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
1456414 Madison Jobe C/O Wingstop Inc.
5501 Lbj Freeway, 5Th Floor
Dallas TX 75240
See Remarks No 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 2020-03-04 1,926 $0.00 7,312 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2020-03-04 1,135 $0.00 8,447 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2020-03-04 860 $0.00 9,307 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Disposition 2020-03-05 312 $80.18 8,995 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2020-03-05 645 $81.20 8,350 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Restricted Stock Units Acquisiton 2020-03-04 1,090 $0.00 1,090 $0.00
Common Stock, Par Value $0.01 Per Share Employee Stock Option (right to buy) Acquisiton 2020-03-04 3,631 $0.00 3,631 $83.77
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,090 No 4 A Direct
3,631 2021-03-04 2030-03-04 No 4 A Direct
Footnotes
  1. On March 13, 2017, the reporting person was granted 5,778 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan (the "Plan"). The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2017, 2018 and 2019. The performance criteria for 2019 were met, resulting in the vesting of 1,926 performance-based RSUs.
  2. RSUs convert into common stock on a one-for-one basis.
  3. On February 20, 2018, the reporting person was granted 3,407 performance-based RSUs pursuant to the Plan. The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2018, 2019 and 2020. The performance criteria for 2019 were met, resulting in the vesting of 1,135 performance-based RSUs.
  4. On March 6, 2019, the reporting person was granted 2,582 performance-based RSUs pursuant to the Plan. The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2019, 2020 and 2021. The performance criteria for 2019 were met, resulting in the vesting of 860 performance-based RSUs.
  5. Represents shares sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of RSUs.
  6. The shares were sold in multiple transactions at prices ranging from $79.70 to $80.64. 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.
  7. The shares were sold in multiple transactions at prices ranging from $80.78 to $81.59. 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.
  8. The RSUs were granted on March 4, 2020 pursuant to the Plan and will vest in three equal annual installments beginning on the first anniversary of the grant date.
  9. The stock option was granted on March 4, 2020 pursuant to the Plan. The shares underlying this stock option will vest and become exercisable in three equal annual installments beginning on the first anniversary of the grant date.