SEC Form 4 · accession 0000899243-18-021975
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stacy Peterson
Officer — See Remarks
Period of report
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 4:58 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, par value $0.01 per share | Aug 7, 2018 | M | 8,175 | $2.44 | A | 31,423 | D | |
| Common Stock, par value $0.01 per share | Aug 7, 2018 | M | 4,000 | $2.44 | A | 35,423 | D | |
| Common Stock, par value $0.01 per shareF1,F2,F3 | Aug 7, 2018 | S | 5,259 | $58.8673 | D | 30,164 | 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)F4 | $2.44 | Aug 7, 2018 | M | 8,175 | D | — | Sep 20, 2023 | Common Stock | 8,175 | 0 | D |
| Employee Stock Option (right to buy)F5 | $2.44 | Aug 7, 2018 | M | 4,000 | D | — | Sep 20, 2023 | Common Stock | 4,000 | 8,175 | D |
Explanation of responses
- F1Represents shares sold in the open market, the majority of the proceeds of which were used to pay the exercise price and tax withholding obligations incurred upon the option exercises reported concurrently herewith.
- F2The shares were sold in multiple transactions at prices ranging from $58.83 to $58.90. The price reported above reflects the weighted-average price. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3This transaction represents approximately 9.1% 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 57,693 shares.
- F4On 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.
- 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 beginning on the first anniversary of the date of grant.
Remarks
Executive Vice President and Chief Experience Officer