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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

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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	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
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	S	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	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

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.
RSUs convert into common stock on a one-for-one basis.
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.
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.
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 $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.
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.
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.
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.