SEC Form 4 · accession 0000899243-18-005122
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Flynn Dekker
Officer — Chief Marketing Officer
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 6:02 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 | Feb 20, 2018 | M | 3,327 | — | A | 26,889 | 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,F2 | — | Feb 20, 2018 | M | 3,327 | D | — | Feb 28, 2027 | Common Stock | 3,327 | 6,654 | D |
| Employee Stock Option (right to buy)F3 | $3.16 | Feb 20, 2018 | A | 8,175 | A | — | Feb 17, 2024 | Common Stock | 8,175 | 8,175 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On February 28, 2017, the reporting person was granted 9,981 performance-based restricted stock units pursuant to the Issuer's 2015 Omnibus Incentive Compensation Plan. The performance-based restricted stock units vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2017, 2018 and 2019. The performance criteria for 2017 were met, resulting in the vesting of 3,327 restricted stock units.
- F3On February 17, 2014, the reporting person was granted an option to purchase 40,875 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2014, 2015, 2016, 2017 and 2018. The performance criteria for 2017 were met, resulting in vesting of 8,175 shares.