Filing Details

Accession Number:
0001636222-21-000113
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-29 17:08:34
Reporting Period:
2021-07-27
Accepted Time:
2021-07-29 17:08:34
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.
15505 Wright Brothers Drive
Addison TX 75001
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 2021-07-27 50,950 $0.00 130,102 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 500 $154.00 129,602 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 600 $156.80 129,002 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,067 $157.96 127,935 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,718 $159.15 126,217 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,720 $160.15 124,497 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 3,286 $161.24 121,211 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 9,959 $162.26 111,252 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 2,089 $163.09 109,163 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 200 $163.79 108,963 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. On July 31, 2018, the reporting person was granted 10,190 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan (the "Plan"). The performance-based RSUs vest based on the Issuer's satisfaction of certain performance criteria over a three-year performance period, and the number that would vest upon maximum performance would equal 500% of the target number specified in the grant. The performance criteria were met at the maximum performance level, resulting in the vesting of 50,950 performance-based RSUs.
  2. RSUs convert into common stock on a one-for-one basis.
  3. Represents shares sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of performance-based RSUs. These transactions were effected pursuant to a trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"). Accordingly, the reporting person had no discretion with regard to the timing of the transactions.
  4. The transactions reported on rows 2 through 10 of this Table I represent approximately 9.3% of the reporting person's total holdings of common stock (including service-based options and service-based restricted stock units) on a pre-transaction basis, which represents 227,308 shares.
  5. The shares were sold in multiple transactions at prices ranging from $156.4950 to $157.3000. 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.
  6. The shares were sold in multiple transactions at prices ranging from $157.6210 to $158.3900. 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.
  7. The shares were sold in multiple transactions at prices ranging from $158.6900 to $159.5800. 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 shares were sold in multiple transactions at prices ranging from $159.6900 to $160.6300. 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.
  9. The shares were sold in multiple transactions at prices ranging from $160.7250 to $161.6900. 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.
  10. The shares were sold in multiple transactions at prices ranging from $161.7450 to $162.7200. 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.
  11. The shares were sold in multiple transactions at prices ranging from $162.7650 to $163.6350. 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.