Filing Details
- Accession Number:
- 0001620533-17-000019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-01-27 17:07:03
- Reporting Period:
- 2017-01-25
- Filing Date:
- 2017-01-27
- Accepted Time:
- 2017-01-27 17:07:03
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1620533 | Shake Shack Inc. | SHAK | Retail-Eating & Drinking Places (5810) | 471941186 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1632017 | J Randall Garutti | C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003 | Chief Executive Officer | Yes | Yes | 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 | Acquisiton | 2017-01-25 | 8,000 | $0.00 | 11,100 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2017-01-25 | 8,000 | $34.93 | 3,100 | No | 4 | S | Direct | |
| Class B Common Stock | Disposition | 2017-01-25 | 8,000 | $0.00 | 725,051 | No | 4 | J | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | J | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Common Membership Interests | Disposition | 2017-01-25 | 8,000 | $0.00 | 8,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 725,051 | No | 4 | C | Direct |
Footnotes
- Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") that were obtained upon redemption of an equal number of common membership interests in SSE Holdings, LLC (the "LLC Interests"). 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 prices of such shares.
- Represents shares of Class A Stock of the Issuer that were disposed of by the Reporting Person pursuant to a 10b5-1 trading plan entered into on August 23, 2016.
- The transaction was executed in multiple trades at prices ranging from $34.7600 to $35.1700. The price reported above reflects the weighted average sales price.
- 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.
- Represents shares of Class A Stock of the Issuer held by the Reporting Person.
- Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of the Issuer's Class B Common Stock ("Class B Stock") are cancelled for no consideration on a one-for-one basis upon redemption of the LLC Interests for shares of Class A Stock.
- Represents shares of Class B Stock of the Issuer held by the Reporting Person.
- The LLC Interests are redeemable for an equal number of shares of the Issuer's Class A Common 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 the Reporting Person.
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