Filing Details

Accession Number:
0001620533-16-000249
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-08 16:57:13
Reporting Period:
2016-08-04
Filing Date:
2016-08-08
Accepted Time:
2016-08-08 16:57:13
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
1463932 Harris Daniel Meyer C/O Shake Shack Inc.
24 Union Square East, 5Th Floor
New York NY 10003
Yes 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 2016-08-04 2,900 $40.01 1,319,106 No 4 S Indirect By Trust
Class A Common Stock Disposition 2016-08-05 18,788 $40.01 1,300,318 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust
No 4 S Indirect By Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 1,270,136 Direct
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 1,270,136 1,270,136 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,270,136 1,270,136 Direct
Footnotes
  1. Shares of Class A common stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") were disposed of by the Reporting Person through the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust") pursuant to a 10b5-1 trading plan entered into on December 16, 2015. The Reporting Person is the grantor, trustee and beneficiary of the Investment Trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  2. The transaction was executed in multiple trades at prices ranging from $40.0000 to $40.0500. The price reported above reflects the weighted average sales price.
  3. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. The transaction was executed in multiple trades at prices ranging from $40.0000 to $40.0400. The price reported above reflects the weighted average sales price.
  5. Represents shares of Class B common stock ("Class B Stock") of the Issuer held by the Reporting Person.
  6. The Reporting Person also holds 2,690,263 shares of Class B Stock indirectly through Gramercy Tavern Corp. ("GT") and 95,238 shares of Class B Stock indirectly through Union Square Hospitality Group,LLC ("USHG"). In addition, 590,921 shares of Class B Stock are held by the Daniel H. Meyer 2010 Gift Trust (the "Gift Trust"), of which the Reporting Person's spouse is a trustee and beneficiary. The Reporting Person disclaims beneficial ownership of all of the shares held by these entities except to the extent of his pecuniary interest therein.
  7. 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.
  8. Represents LLC Interests held by the Reporting Person.
  9. The Reporting Person also holds 2,690,263 LLC Interests indirectly through GT and 95,238 LLC Interests indirectly through USHG. In addition, 590,921 LLC Interests are held by the Gift Trust. The Reporting Person disclaims beneficial ownership of all of the LLC Interests held by these entities except to the extent of his pecuniary interest therein.