Filing Details
- Accession Number:
- 0001620533-20-000092
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-10-19 18:15:18
- Reporting Period:
- 2020-10-15
- Accepted Time:
- 2020-10-19 18:15:18
- 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 | No | 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-10-15 | 45,000 | $21.00 | 96,891 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-10-15 | 38,856 | $70.19 | 58,035 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-10-15 | 6,144 | $70.77 | 51,891 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2020-10-15 | 45,000 | $0.00 | 45,000 | $21.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 490,000 | 2025-01-29 | No | 4 | M | Direct |
Footnotes
- The transactions reported on this Form 4 were all effected pursuant to a 10b5-1 trading plan entered into on September 16, 2020.
- The transaction was executed in multiple trades at prices ranging from $69.6200 to $70.6199. The price reported above reflects the weighted average sales price.
- Each 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.
- The transaction was executed in multiple trades at prices ranging from $70.6200 to $71.0300. The price reported above reflects the weighted average sales price.
- An option to purchase 685,000 shares of Class A common stock at $21 per share was granted to Mr. Garutti on January 29, 2015. 137,000 options vested on each of January 29, 2016, January 29, 2017, January 29, 2018, January 29, 2019, and January 29, 2020.
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