4//SEC Filing
Clarke Christina 4
Accession 0001636222-20-000042
CIK 0001636222other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:03 PM ET
Size
15.9 KB
Accession
0001636222-20-000042
Insider Transaction Report
Form 4
Wingstop Inc.WING
Clarke Christina
See remarks
Transactions
- Award
Restricted Stock Units
2020-03-04+1,015→ 1,015 total→ Common Stock, par value $0.01 per share (1,015 underlying) - Award
Employee Stock Option (right to buy)
2020-03-04+3,383→ 3,383 totalExercise: $83.77From: 2021-03-04Exp: 2030-03-04→ Common Stock, par value $0.01 per share (3,383 underlying) - Award
Common Stock, par value $0.01 per share
2020-03-04+298→ 730 total - Award
Common Stock, par value $0.01 per share
2020-03-04+304→ 1,034 total - Sale
Common Stock, par value $0.01 per share
2020-03-05$80.18/sh−46$3,688→ 988 total - Sale
Common Stock, par value $0.01 per share
2020-03-05$81.20/sh−96$7,795→ 892 total
Footnotes (8)
- [F1]On November 7, 2018, the reporting person was granted 893 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 2018, 2019 and 2020. The performance criteria for 2019 were met, resulting in the vesting of 298 performance-based RSUs.
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]On March 6, 2019, the reporting person was granted 912 performance-based RSUs pursuant to 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 304 performance-based RSUs.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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
Issuer
Wingstop Inc.
CIK 0001636222
Entity typeother
Related Parties
1- filerCIK 0001795359
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:03 PM ET
- Size
- 15.9 KB