Sadarangani Mahesh 4

Accession 0001636222-20-000048

CIK 0001636222other

View on SEC.gov Company Profile

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 5:25 PM ET

Size

14.0 KB

Accession

0001636222-20-000048

Insider Transaction Report

Form 4

Period: 2020-03-04

Wingstop Inc.WING

Sadarangani Mahesh

See remarks

Transactions

Award
Common Stock, par value $0.01 per share
2020-03-04+242→ 242 total
Sale
Common Stock, par value $0.01 per share
2020-03-05$80.18/sh−19$1,523→ 223 total
Sale
Common Stock, par value $0.01 per share
2020-03-05$81.20/sh−40$3,248→ 183 total
Award
Restricted Stock Units
2020-03-04+1,418→ 1,418 total
→ Common Stock, par value $0.01 per share (1,418 underlying)
Award
Employee Stock Option (right to buy)
2020-03-04+4,726→ 4,726 total
Exercise: $83.77From: 2021-03-04Exp: 2030-03-04→ Common Stock, par value $0.01 per share (4,726 underlying)

Footnotes (7)

[F1]On August 27, 2019, the reporting person was granted 728 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 2019, 2020 and 2021. The performance criteria for 2019 were met, resulting in the vesting of 242 performance-based RSUs.
[F2]RSUs convert into common stock on a one-for-one basis.
[F3]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.
[F4]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.
[F5]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.
[F6]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.
[F7]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.

Documents

1 file

4
wf-form4_158353350806713.xmlPrimary
FORM 4

Issuer

Wingstop Inc.

CIK 0001636222

→

Entity typeother

Related Parties

filerCIK 0001799168

Filing Metadata

Form type: 4
Filed: Mar 5, 7:00 PM ET
Accepted: Mar 6, 5:25 PM ET
Size: 14.0 KB

View on SEC.gov