Filing Details

Accession Number:
0000899243-18-012458
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-10 19:11:38
Reporting Period:
2018-05-08
Accepted Time:
2018-05-10 19:11:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1636222 Wingstop Inc. WING Retail-Eating Places (5812) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1644705 Michael Skipworth 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 2018-05-08 2,725 $6.29 3,342 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2018-05-08 2,725 $6.29 6,067 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2018-05-08 1,860 $54.52 4,207 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2018-05-10 2,500 $53.18 1,707 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M 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 Employee Stock Option (right to buy) Disposition 2018-05-08 2,725 $0.00 2,725 $6.29
Common Stock Employee Stock Option (right to buy) Disposition 2018-05-08 2,725 $0.00 2,725 $6.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-12-12 No 4 M Direct
5,450 2024-12-12 No 4 M Direct
Footnotes
  1. Represents shares sold in the open market, a portion of the proceeds of which were used to pay the tax withholding obligations incurred upon the option exercises.
  2. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $54.42 to $54.56. 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 (2) to this Form 4.
  3. The May 8, 2018 and May 10, 2018 sales represent approximately 18.6% 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 23,408 shares.
  4. The exercise price was reduced to $6.29 to reflect the impact of a dividend paid to the Issuer's stockholders in each of March 2015 and June 2016.
  5. On December 12, 2014 the reporting person was granted an option to purchase 13,625 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2015, 2016, 2017, 2018 and 2019.
  6. On December 12, 2014 the reporting person was granted an option to purchase 13,625 shares of common stock. The option vests in five equal annual installments beginning on the first anniversary of the date of grant.