SEC Form 4 · accession 0000899243-17-020882
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles R Morrison
Officer — Chairman, President and CEO · Director
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 6:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F3 | Aug 18, 2017 | S | 600 | $35.0017 | D | 130,174 | D | |
| Common Stock, par value $0.01 per shareF1,F2,F3 | Aug 21, 2017 | S | 24,400 | $34.7069 | D | 105,774 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales by Mr. Morrison were undertaken for portfolio diversification purposes.
- F2The price reported is a weighted average price. These shares were sold in two transactions at $34.7081 and $34.6029. The reporting person undertakes to provide to Wingstop Inc., any security holder of Wingstop Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The 8/18/2017 and 8/21/2017 transactions represent approximately 7% of Mr. Morrison's total beneficial ownership of common stock (including options and restricted stock units) at that time (348,162).