SEC Form 4 · accession 0000899243-17-006033
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
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:15 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 | $16.10 | Feb 28, 2017 | A | 10,526 | A | Feb 28, 2017 | Jun 11, 2025 | Common Stock | 10,526 | 10,526 | D |
Explanation of responses
- F1On June 11, 2015, the reporting person was granted an option to purchase 26,316 shares of common stock. Forty percent of the option vests based on Wingstop's satisfaction of certain performance criteria for fiscal year 2016. The remaining sixty percent of the option vests in equal annual installments based on Wingstop's satisfaction of certain performance criteria for each of the fiscal years 2017, 2018 and 2019. The performance criteria for 2016 were met, resulting in vesting of the option as to 10,526 shares.