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Filing Details

Accession Number:: 0001636222-19-000063
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-08 20:37:10
Reporting Period:: 2019-03-06

Accepted Time:: 2019-03-08 20:37:10
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
1432387	R. Darryl Marsch	C/O Wingstop Inc. 5501 Lbj Freeway, 5Th Floor Dallas TX 75240	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.01 Per Share	Acquisiton	2019-03-06	1,901	$0.00	7,025	No	4	A	Direct
Common Stock, Par Value $0.01 Per Share	Acquisiton	2019-03-06	1,249	$0.00	8,274	No	4	A	Direct
Common Stock, Par Value $0.01 Per Share	Disposition	2019-03-07	769	$65.60	7,505	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	2019-03-06	2,506	$0.00	2,506	$0.00
Common Stock, Par Value $0.01 Per Share	Employee Stock Option (right to buy)	Acquisiton	2019-03-06	1,405	$0.00	1,405	$20.48

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,506			No	4	A	Direct
2,809		2026-08-03	No	4	A	Direct

Footnotes

On February 28, 2017, the reporting person was granted 5,703 performance-based restricted stock units ("RSUs") pursuant to the Issuer's 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 2018 were met, resulting in the vesting of 1,901 performance-based RSUs.
RSUs convert into common stock on a one-for-one basis.
On February 20, 2018, the reporting person was granted 3,748 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 2018 were met, resulting in the vesting of 1,249 performance-based RSUs.
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.
The shares were sold in multiple transactions at prices ranging from $65.00 to $65.96. 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.
The RSUs were granted on March 6, 2019 pursuant to the Plan and will vest in three equal annual installments beginning on the first anniversary of the grant date.
The exercise price has been reduced to $20.48 to reflect the impact of dividends paid to the Issuer's stockholders.
On August 3, 2016, the reporting person was granted an option to purchase 5,618 shares of common stock. The option vests in four equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2017, 2018, 2019 and 2020. The performance criteria for 2018 were met, resulting in vesting of 1,405 shares.