Filing Details

Accession Number:
0001620533-18-000131
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-28 18:18:39
Reporting Period:
2018-11-26
Accepted Time:
2018-11-28 18:18:39
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.
225 Varick Street, Suite 301
New York NY 10014
Yes No Yes No
1633964 H Sheryl Flug C/O Shake Shack Inc.
225 Varick Street, Suite 301
New York NY 10014
No No Yes No
1706704 12/29/15 U/A/D Trust Gs 2015 Flug C/O Shake Shack Inc.
225 Varick Street, Suite 301
New York NY 10014
No No Yes No
1706756 Gulf Five Fiduciary Management Corp C/O Shake Shack Inc.
225 Varick Street, Suite 301
New York NY 10014
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 Acquisiton 2018-11-26 72,574 $0.00 72,574 No 4 C Indirect BY TRUST
Class A Common Stock Disposition 2018-11-27 11,000 $51.24 61,574 No 4 S Indirect BY TRUST
Class A Common Stock Disposition 2018-11-28 24,520 $52.32 37,054 No 4 S Indirect BY TRUST
Class B Common Stock Disposition 2018-11-26 72,574 $0.00 100,000 No 4 J Indirect BY TRUST
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect BY TRUST
No 4 S Indirect BY TRUST
No 4 S Indirect BY TRUST
No 4 J Indirect BY TRUST
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Common Membership Interests Disposition 2018-11-26 72,574 $0.00 72,574 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,000 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 4,415 Direct
Footnotes
  1. Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") that were obtained upon a redemption of an equal number of common membership interests in SSE Holdings, LLC (the "LLC Interests").
  2. Represents shares of Class A Stock held by Flug 2015 GS Trust U/A/D 12/29/15 (the "Trust"). Gulf Five Fiduciary Management Corp is the trustee of the Trust. Sheryl Flug, the wife of Jeffrey Flug, is thePresident of Gulf Five Fiduciary Management Corp. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
  3. The transaction as executed in multiple trades at prices ranging from $51.2000 to $51.6000. The price reported above reflects the weighted average sales price.
  4. Each 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 thetransaction was effected.
  5. The transaction as executed in multiple trades at prices ranging from $52.2500 to $52.5000. The price reported above reflects the weighted average sales price.
  6. 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-to-one basisupon redemption of the LLC Interests for shares of Class A Stock of the Issuer.
  7. Represents shares of Class B Common Stock held by the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
  8. 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.
  9. Represents LLC Interests held by the Trust. Each Reporting Person disclaims beneficial ownership of such interests except to the extent of such Reporting Person's pecuniary interest therein.