SEC Form 4 · accession 0000899243-18-005115
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Skipworth
Officer — See Remarks
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:58 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $6.29 | Feb 20, 2018 | A | 2,725 | A | — | Dec 12, 2024 | Common Stock | 2,725 | 2,725 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 20, 2018 | A | 5,178 | A | Feb 20, 2019 | Feb 20, 2028 | Common Stock | 5,178 | 5,178 | D |
Explanation of responses
- F1On December 12, 2014, the reporting person was granted an option to purchase 13,625 shares of common stock. The option vests in five equal annual installments based on Wingstop Inc.'s (the "Issuer") satisfaction of certain performance criteria for each of the fiscal years 2015, 2016, 2017, 2018 and 2019. The performance criteria for 2017 were met, resulting in the vesting of 2,725 shares.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3The restricted stock units are granted pursuant to the Issuer's 2015 Omnibus Incentive Compensation Plan. The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the grant date.
Remarks
Executive Vice President and Chief Financial Officer