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Filing Details

Accession Number:: 0001620533-20-000099
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-10-28 17:58:40
Reporting Period:: 2020-10-26

Accepted Time:: 2020-10-28 17:58:40
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1620533	Shake Shack Inc.	SHAK	()	4

Insiders

Cik	Name	Reported Address	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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-10-26	50,000	$0.00	50,000	No	4	C	Indirect	BY TRUST
Class A Common Stock	Disposition	2020-10-27	36,794	$70.90	13,206	No	4	S	Indirect	BY TRUST
Class A Common Stock	Disposition	2020-10-27	13,206	$71.58	0	No	4	S	Indirect	BY TRUST
Class B Common Stock	Disposition	2020-10-26	50,000	$0.00	0	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Common Membership Interests	Acquisiton	2020-10-26	50,000	$0.00	50,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	6,750	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.
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 Class A Stock of the Issuer held by the 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 the President of Gulf Five Fiduciary Management Corp. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of such Reporting Person's pecuniary interest therein.
The transaction was executed in multiple trades at prices ranging from $70.21 to $71.20. 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 $71.21 to $72.20. 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-for-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 Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
The LLC Interests are redeemable for an equal number of shares of the Issuer's 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.
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.