Home > Insider Trading > Filing (0001620533-16-000243)

Filing Details

Accession Number:: 0001620533-16-000243
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-07-26 16:36:00
Reporting Period:: 2016-07-22

Filing Date:: 2016-07-26
Accepted Time:: 2016-07-26 16:36:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1620533	Shake Shack Inc.	SHAK	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1396917	Jeffrey Flug	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003		Yes	No	Yes	No
1633992	Gulf Five Llc	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2016-07-22	34,628	$40.55	0	No	4	S	Indirect	BY LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	BY LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	33,240	Direct
Class B Common Stock	214,822	Indirect	BY LLC

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Common Membership Interests	$0.00			214,822	214,822	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	214,822	214,822	Indirect

Footnotes

The transaction was executed in multiple trades at prices ranging from $40.0000 to $40.9600. The price reported above reflects the weighted average sales price.
The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Shares of Class A Common Stock ("Class A Stock") of the Issuer were disposed of by Gulf Five LLC pursuant to a 10b5-1 trading plan entered into on December 16, 2015. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Represents shares of Class B Common Stock ("Class B Stock") of the Issuer held by Gulf Five LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Additionally, 922,574 shares of Class B Stock are held by Flug 2012 GS Trust U/A/D 9/4/12 (the "Trust"), of which the Reporting Person's spouse is a trustee and beneficiary. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
The common membership interests in SSE Holdings, LLC (the "LLC Interests") are redeemable for an equal number of shares of Class A Stock or, at the election of the Issuer, cash equal to the volume-weighted average market price of such shares. The LLC Interests have no expiration date.
Represents LLC Interests held by Gulf Five LLC. The Reporting Person disclaims beneficial ownership of such interests except to the extent of his pecuniary interest therein.
Additionally, 922,574 LLC Interests are held by the Trust, of which the Reporting Person's spouse is a trustee and beneficiary. The Reporting Person disclaims beneficial ownership of such LLC Interests, except to the extent of his pecuniary interest therein.