SEC Form 4 · accession 0000899243-17-022205
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
Sep 14, 2017
Accepted (ET)
Sep 18, 2017 · 4:15 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 | Sep 14, 2017 | M | 10,526 | $16.10 | A | 22,116 | D | |
| Common StockF1,F2,F3 | Sep 14, 2017 | S | 10,526 | $33.669 | D | 11,590 | D |
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)F4 | $16.10 | Sep 14, 2017 | M | 10,526 | D | — | Jun 11, 2025 | Common Stock | 10,526 | 0 | D |
Explanation of responses
- F1The sale by Mr. Kruguer was undertaken for portfolio diversification purposes.
- F2The shares of Common Stock reported herein as being sold were sold at a range between $33.65 and $33.67 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. 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 range set forth in this footnote.
- F3The 9/14/2017 transaction represented approximately 13.2% of Mr. Kruguer's total beneficial ownership of common stock (including options and restricted stock units) at that time (80,025).
- F4The options are fully vested and exercisable.