SEC Form 4 · accession 0000899243-18-002643
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
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 4:05 pm EST
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 | Jan 31, 2018 | M | 5,854 | — | A | 111,628 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Feb 1, 2018 | S | 1,476 | $48.13 | D | 110,152 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Jan 31, 2018 | M | 5,854 | D | — | Jan 31, 2027 | Common Stock | 5,854 | 11,709 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents shares sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of restricted stock units.
- F3The 2/1/2018 transaction represents approximately 0.5% of the reporting person's total holdings of common stock (including options and service-based restricted stock units) on a pre-transaction basis (323,165).
- F4On January 31, 2017, the reporting person was granted 17,563 restricted stock units pursuant to the Issuer's 2015 Omnibus Incentive Compensation Plan. One-third of the restricted stock units vested on January 31, 2018, and the remaining restricted stock units will vest in two equal installments on each of the second and third anniversary of the grant date.