MARSCH DARRYL R. 4
4 · Wingstop Inc. · Filed Jun 18, 2019
Insider Transaction Report
Form 4
Wingstop Inc.WING
MARSCH DARRYL R.
See Remarks
Transactions
- Award
Restricted Stock Units
2019-06-14+3,986→ 3,986 totalExercise: $0.00→ Common Stock, par value $0.01 per share (3,986 underlying) - Award
Employee Stock Option (right to buy)
2019-06-14+1,404→ 1,404 totalExercise: $20.48→ Common Stock, par value $0.01 per share (1,404 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]In connection with the reporting person's retirement on June 14, the Issuer (pursuant to authorization from the Compensation Committee of the Issuer's Board of Directors) accelerated the vesting of 3,986 performance-based restricted stock units previously granted to the reporting person and waived the remaining performance conditions therefor. The Issuer also accelerated the vesting of 3,985 service-based restricted stock units. All such RSUs now vest in full on June 22, 2019.
- [F3]In connection with the reporting person's retirement on June 14, the Issuer (pursuant to authorization from the Compensation Committee of the Issuer's Board of Directors) accelerated the vesting of 1,404 performance-based options previously granted to the reporting person and waived the remaining performance conditions therefor. The Issuer also accelerated the vesting of 1,405 service-based options. All such options now become exercisable on June 22, 2019. Any options that remain unexercised 90 days following termination will be forfeited.