Stacy Peterson - May 11, 2021 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath, as attorney-in-fact
Stock symbol
WING
Transactions as of
May 11, 2021
Transactions value $
-$28,617
Form type
4
Date filed
5/13/2021, 04:36 PM
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WING Common Stock, par value $0.01 per share Options Exercise $0 +850 +12.29% $0.00 7.77K May 11, 2021 Direct F1
transaction WING Common Stock, par value $0.01 per share Sale -$28.6K -212 -2.73% $134.98 7.55K May 11, 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WING Restricted Stock Units Options Exercise $0 -850 -33.27% $0.00 1.71K May 11, 2021 Common Stock, par value $0.01 per share 850 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 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.
F3 The shares were sold in multiple transactions at prices ranging from $134.97 to $135.30. 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 RSUs were granted on May 11, 2020 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan and vest in three equal annual installments beginning on the first anniversary of the grant date.