Home > Insider Trading > Filing (0001633802-16-000006)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1620533	Shake Shack Inc.	SHAK	Retail-Eating & Drinking Places (5810)	471941186

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1633801	Trust Family 2012 Coraine D. Richard	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No
1633802	D Richard Coraine	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No
1633918	Toni Haida	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2016-07-20	40,951	$40.00	5,000	No	4	S	Direct
Class A Common Stock	Acquisiton	2016-07-20	18,411	$40.00	0	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	207,924	Direct
Class B Common Stock	331,401	Indirect	By Trust

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Common Membership Interests	$0.00			207,924	207,924	Direct
Class A Common Stock	Common Membership Interests	$0.00			331,401	331,401	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	207,924	207,924	Direct
	331,401	331,401	Indirect

Footnotes

Held directly by the Richard D. Coraine 2012 Family Trust (the "Trust"), of which Richard D. Coraine's spouse, Toni Haida, is a trustee and beneficiary. Each of Richard D. Coraine and Toni Haida disclaims beneficial ownership of the shares of Class A Common Stock held by the Trust, except to the extent of his or her pecuniary interest.
Upon the reclassification of the Reporting Person's LLC Interests in connection with the Issuer's IPO in February 2015, the Reporting Person was issued one share of Class B Common Stock for each LLC Interest. One share of Class B Common Stock must be surrendered and canceled upon conversion or redemption of each LLC Interest for Class A Common Stock, as described in fn. 3.
In connection with the Issuer's IPO, the Reporting Persons' membership interests in SSE Holdings, LLC (the "LLC Interests") became convertible into an equal number of shares of Class A Common Stock on a one-for-one basis, or at the election of the issuer, redeemable for cash equal to the volume-weighted average market price of such Class A shares. Surrender of one share of Class B Common Stock is required for each LLC Interest redeemed, as described in fn. 2.
The LLC Interests may be converted or redeemed at any time and have no expiration date.