SEC Form 4 · accession 0001636222-19-000068
Wingstop Inc. · WING
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stacy Peterson
Officer — See Remarks
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 5:26 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 shareF1,F2 | Mar 8, 2019 | A | 4,463 | $0.00 | A | 44,045 | D | |
| Common Stock, par value $0.01 per shareF3,F2 | Mar 8, 2019 | A | 1,590 | $0.00 | A | 45,635 | D | |
| Common Stock, par value $0.01 per shareF4 | Mar 8, 2019 | F | 1,859 | $66.65 | D | 43,776 | 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 | Mar 8, 2019 | A | 8,175 | A | — | Sep 20, 2023 | Common Stock, par value $0.01 per share | 8,175 | 8,175 | D |
Explanation of responses
- F1On February 28, 2017, the reporting person was granted 13,388 performance-based restricted stock units ("RSUs") pursuant to the Issuer's 2015 Omnibus Incentive Compensation Plan (the "Plan"). The performance-based RSUs 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 2018 were met, resulting in the vesting of 4,463 performance-based RSUs.
- F2RSUs convert into common stock on a one-for-one basis.
- F3On February 20, 2018, the reporting person was granted 4,770 performance-based RSUs pursuant to the Plan. The performance-based RSUs vest in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2018, 2019 and 2020. The performance criteria for 2018 were met, resulting in the vesting of 1,590 performance-based RSUs.
- F4Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of 6,053 performance-based RSUs.
- 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. The performance criteria for 2018 were met, resulting in the vesting of 8,175 shares.
Remarks
Executive Vice President and Chief Experience Officer