SEC Form 4 · accession 0000899243-16-025302
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Kruguer
Officer — President of International
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 4:18 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $19.00 | Jul 15, 2016 | D | 26,316 | D | — | Jun 11, 2025 | Common Stock | 26,316 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $16.10 | Jul 15, 2016 | A | 26,316 | A | — | Jun 11, 2025 | Common Stock | 26,316 | 26,316 | D |
Explanation of responses
- F1Pursuant to the terms of the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan, the Compensation Committee reduced the exercise price of options to purchase 26,316 shares by $2.90, the amount of the special cash dividend paid on July 15, 2016, from an exercise price of $19.00 to an exercise price of $16.10. The other terms of the options remain unchanged.
- F2The options will vest in five equal installments annually beginning June 11, 2017.