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Filing Details

Accession Number:: 0001620533-18-000135
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-12-28 16:31:34
Reporting Period:: 2018-12-26

Accepted Time:: 2018-12-28 16:31:34
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. 225 Varick Street, Suite 301 New York NY 10014	Chief Executive Officer	Yes	Yes	Yes	No
1633809	12/30/2014 Dated Trust Gst Garutti J. Randall	C/O Shake Shack Inc., 225 Varick Street, Suite 301 New York NY 10014		No	No	Yes	No
1633954	Jr J Ronald Garutti	C/O Shake Shack Inc., 225 Varick Street, Suite 301 New York NY 10014		No	No	Yes	No
1633960	L Maria Garutti	C/O Shake Shack Inc. 225 Varick Street, Suite 301 New York NY 10014		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2018-12-26	25,000	$0.00	43,041	No	4	C	Direct
Class A Common Stock	Disposition	2018-12-26	9,705	$41.31	33,336	No	4	S	Direct
Class A Common Stock	Disposition	2018-12-26	5,552	$42.42	27,784	No	4	S	Direct
Class A Common Stock	Disposition	2018-12-26	9,743	$43.03	18,041	No	4	S	Direct
Class B Common Stock	Disposition	2018-12-26	25,000	$0.00	429,051	No	4	J	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	J	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Common Membership Interests	Disposition	2018-12-26	25,000	$0.00	25,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
429,051			No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	55,972	Indirect	BY TRUST

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Common Membership Interests	$0.00			55,972	55,972	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	55,972	55,972	Indirect

Footnotes

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").
Represents shares of Class A Stock that were disposed of by Mr. Garutti pursuant to a 10b5-1 trading plan entered into on November 16, 2018.
The transaction was executed in multiple trades at prices ranging from $40.8200 to $41.8199. The price reported above reflects the weighted average sales price.
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 the transaction was effected.
The transaction was executed in multiple trades at prices ranging from $41.8200 to $42.8199. The price reported above reflects the weighted average sales price.
The transaction was executed in multiple trades at prices ranging from $42.8200 to $43.3200. The price reported above reflects the weighted average sales price.
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 basis upon redemption of the LLC Interests for shares of Class A Stock of the Issuer.
Represents shares of Class B Stock of the Issuer held by The Randall J. Garutti 2014 GS Trust (the "Trust"). Ronald Garutti, Jr. the brother of Randall Garutti, and Maria Garutti, the wife of Randall Garutti, are the trustees of the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest.
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 Trust. Each Reporting Person disclaims beneficial ownership of such interests except to the extent of such Reporting Person's pecuniary interest therein.