4//SEC Filing
Morrison Charles R 4
Accession 0001636222-22-000018
CIK 0001636222other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:35 PM ET
Size
11.9 KB
Accession
0001636222-22-000018
Insider Transaction Report
Form 4
Wingstop Inc.WING
Morrison Charles R
DirectorPresident and CEO
Transactions
- Award
Common Stock, par value $0.01 per share
2022-02-15+15,184→ 80,401 total - Sale
Common Stock, par value $0.01 per share
2022-02-16$150.22/sh−1,317$197,840→ 75,131 total - Sale
Common Stock, par value $0.01 per share
2022-02-16$155.31/sh−230$35,721→ 80,171 total - Sale
Common Stock, par value $0.01 per share
2022-02-16$151.00/sh−3,723$562,173→ 76,448 total
Footnotes (7)
- [F1]On March 6, 2019, the reporting person was granted 15,184 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. The performance criteria were met, resulting in the vesting of 15,184 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 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.
- [F4]The shares were sold in multiple transactions at prices ranging from $155.1700 to $155.4900. 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]This transactions reported on rows 2 through 4 of this Table I represent approximately 3.1% 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 167,607 shares.
- [F6]The shares were sold in multiple transactions at prices ranging from $150.4300 to $151.3200. 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.
- [F7]The shares were sold in multiple transactions at prices ranging from $150.2000 to $150.2600. 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.
Documents
Issuer
Wingstop Inc.
CIK 0001636222
Entity typeother
Related Parties
1- filerCIK 0001390389
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:35 PM ET
- Size
- 11.9 KB