Home > Insider Trading > Filing (0001636222-19-000070)

Filing Details

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	2019-03-15	20,000	$1.52	128,998	No	4	M	Direct
Common Stock, Par Value $0.01 Per Share	Disposition	2019-03-15	20,000	$69.10	108,998	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, Par Value $0.01 Per Share	Employee Stock Option (right to buy)	Disposition	2019-03-15	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
20,009		2022-08-30	No	4	M	Direct

Footnotes

This transaction was 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 transaction. The 10b5-1 Plan was adopted to facilitate diversification within the reporting person's overall portfolio.
The shares were sold in multiple transactions at prices ranging from $68.91 to $69.85. 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.
This transaction represents approximately 8.0% 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 249,840 shares.
The exercise price has been reduced to $1.52 to reflect the impact of dividends paid to the Issuer's stockholders.
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.