Filing Details

Accession Number:
0001636222-20-000062
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-10 16:26:09
Reporting Period:
2020-03-06
Accepted Time:
2020-03-10 16:26:09
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.
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 2020-03-06 2,531 $0.00 91,738 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2020-03-09 997 $75.64 90,741 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 Restricted Stock Units Disposition 2020-03-06 2,531 $0.00 2,531 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,061 No 4 M Direct
Footnotes
  1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
  2. 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 proceeds from the sale were used to pay the tax withholding obligations incurred in connection with the vesting of 2,531 service-based RSUs.
  3. The shares were sold in multiple transactions at prices ranging from $75.26 to $75.97. 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.
  4. This transaction represents approximately 0.5% 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 213,560 shares.
  5. The RSUs were granted on March 6, 2019 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.