Filing Details

Accession Number:
0001636222-21-000114
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-29 17:10:26
Reporting Period:
2021-07-27
Accepted Time:
2021-07-29 17:10:26
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.
15505 Wright Brothers Drive
Addison TX 75001
Evp, Chief Financial Officer 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 2021-07-27 25,500 $0.00 38,677 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 500 $154.00 38,177 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 100 $155.23 38,077 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 500 $156.75 37,577 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,019 $158.08 36,558 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,939 $159.13 34,619 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,800 $160.20 32,819 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 2,580 $161.23 30,239 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 1,899 $162.33 28,340 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-07-28 328 $162.94 28,012 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. On September 5, 2018, the reporting person was granted 5,100 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan (the "Plan"). The performance-based RSUs vest based on the Issuer's satisfaction of certain performance criteria over a three-year performance period, and the number that would vest upon maximum performance would equal 500% of the target number specified in the grant. The performance criteria were met at the maximum performance level, resulting in the vesting of 25,500 performance-based RSUs.
  2. RSUs convert into common stock on a one-for-one basis.
  3. Includes 159 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan on June 25, 2021.
  4. Represents shares sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of performance-based RSUs. These transactions were 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 transactions.
  5. The transactions reported on rows 2 through 10 of this Table I represent approximately 20.4% of the reporting person's total holdings of common stock (including service-based options and service-based restricted stock units) on a pre-transaction basis, which represents 52,166 shares.
  6. The shares were sold in multiple transactions at prices ranging from $156.4950 to $157.2600. 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.
  7. The shares were sold in multiple transactions at prices ranging from $157.6200 to $158.5800. 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.
  8. The shares were sold in multiple transactions at prices ranging from $158.6300 to $159.5800. 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.
  9. The shares were sold in multiple transactions at prices ranging from $159.7200 to $160.6200. 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.
  10. The shares were sold in multiple transactions at prices ranging from $160.7250 to $161.6650. 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.
  11. The shares were sold in multiple transactions at prices ranging from $161.7450 to $162.6700. 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.
  12. The shares were sold in multiple transactions at prices ranging from $162.7500 to $163.0000. 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.