SEC Form 4 · accession 0000899243-16-015310
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A. Vernon
Officer — Chief Development Officer
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636222
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $1.98 | Mar 2, 2016 | A | 5,450 | A | Mar 2, 2016 | Feb 23, 2022 | Common Stock | 5,450 | 21,800 | D |
Explanation of responses
- F1On February 23, 2012, the reporting person was granted an option to purchase 27,250 shares of common stock. The option vests in five equal annual installments based on Wingstop's satisfaction of certain performance criteria for each of the fiscal years 2012, 2013, 2014, 2015 and 2016. The performance criteria for 2015 were met, resulting in vesting of the option as to 5,450 shares.