SEC Form 4 · accession 0000899243-18-010070

Wingstop Inc. · WING

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Stacy Peterson

Officer — See Remarks

Period of report

Apr 10, 2018

Accepted (ET)

Apr 12, 2018 · 4:05 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
Common Stock, par value $0.01 per share	Apr 10, 2018	M	8,175	$2.44	A	39,423	D
Common Stock, par value $0.01 per share	Apr 10, 2018	M	4,175	$2.44	A	43,598	D
Common Stock, par value $0.01 per share^F2,F3,F4	Apr 10, 2018	S	12,350	$48.04	D	31,248	D

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)^F5	$2.44	Apr 10, 2018	M	8,175	D	—	Sep 20, 2023	Common Stock	8,175	8,175	D
Employee Stock Option (right to buy)^F6	$2.44	Apr 10, 2018	M	4,175	D	—	Sep 20, 2023	Common Stock	4,175	12,175	D

Explanation of responses

F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Accordingly, the reporting person had no discretion with regard to the timing of the transaction. The plan was adopted to facilitate diversification within the reporting person's overall portfolio.
F2Represents shares sold in the open market, a portion of the proceeds of which were used to pay the tax withholding obligations incurred upon the option exercises.
F3The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $47.83 to $48.26. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of Wingstop Inc. (the "Issuer"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
F4This transaction represents approximately 15.8% of the reporting person's total holdings of common stock (including service-based options, vested performance-based options and service-based restricted stock units) on a pre-transaction basis, which represents 78,043 shares.
F5On September 20, 2013, 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.
F6On September 20, 2013, the reporting person was granted an option to purchase 40,875 shares of common stock. The option vests in five equal annual installments beginning on the first anniversary of the date of grant.

Remarks

Executive Vice President and Chief Experience Officer