Alex Kaleida - Feb 20, 2024 Form 4 Insider Report for Wingstop Inc. (WING)

Signature
/s/ Albert G. McGrath by Power of Attorney
Stock symbol
WING
Transactions as of
Feb 20, 2024
Transactions value $
-$13,952
Form type
4
Date filed
2/22/2024, 05:58 PM
Previous filing
Mar 10, 2023
Next filing
Mar 4, 2024

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 Award $0 +142 +4.33% $0.00 3.42K Feb 20, 2024 Direct F1, F2
transaction WING Common Stock, par value $0.01 per share Tax liability -$14K -43 -1.19% $324.47 3.56K Feb 20, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 3, 2021, the Reporting Person was granted 424 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 2021, 2022 and 2023. The performance criteria for 2023 were met, resulting in the vesting of 142 performance-based RSUs.
F2 RSUs convert into common stock of a one-for-one basis.
F3 Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
F4 Includes 181 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan in June 29, 2023.