Sadarangani Mahesh 4
4 · Wingstop Inc. · Filed Aug 3, 2021
Insider Transaction Report
Form 4
Wingstop Inc.WING
Sadarangani Mahesh
See remarks
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2021-07-30$78.77/sh+1,575$124,063→ 2,625 total - Sale
Common Stock, par value $0.01 per share
2021-07-30$172.95/sh−927$160,329→ 1,698 total - Sale
Common Stock, par value $0.01 per share
2021-08-02$171.54/sh−849$145,638→ 849 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-07-30−1,575→ 3,151 totalExercise: $78.77Exp: 2030-03-04→ Common Stock, par value $0.01 per share (1,575 underlying)
Footnotes (6)
- [F1]Includes 159 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan on June 25, 2021.
- [F2]Represents shares sold in the open market, the proceeds of which were used to pay the exercise price and tax withholding obligations incurred upon the exercise of the option.
- [F3]The shares were sold in multiple transactions at prices ranging from $172.88 to $173.56. 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.
- [F4]The shares were sold in multiple transactions at prices ranging from $171.46 to $171.545. 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 exercise price of this stock option was originally $83.77 per share but was reduced to $78.77 to reflect the impact of a special dividend paid to the Issuer's stockholders in December 2020.
- [F6]On March 4, 2020, the reporting person was granted an option to purchase 4,726 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant.