Filing Details

Accession Number:
0000846623-16-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-01 15:37:16
Reporting Period:
2016-02-26
Filing Date:
2016-03-01
Accepted Time:
2016-03-01 15:37:16
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
846623 J Laura Sloate 35 East 75Th Street
New York NY 10021
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 2016-02-26 24,000 $0.00 24,000 No 4 C Direct
Class B Common Stock Disposition 2016-02-26 24,000 $0.00 270,074 No 4 J Direct
Class A Common Stock Disposition 2016-02-29 1,500 $42.36 22,500 No 4 S Direct
Class A Common Stock Disposition 2016-02-29 1,000 $42.65 21,500 No 4 S Direct
Class A Common Stock Disposition 2016-02-29 1,000 $42.75 20,500 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 J Direct
No 4 S 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 Common Membership Interests Disposition 2016-02-26 24,000 $0.00 24,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
270,074 No 4 C Direct
Footnotes
  1. Upon the reclassification of the Reporting Person's membership interests in SSE Holdings, LLC ("LLC Interests") in connection with the Issuer's IPO in February 2015, the LLC Interests became convertible into an equal number of shares of Class A Common Stock on a one-for-one basis, or at the election of the issuer, redeemable for cash equal to the volume-weighted average market price of such Class A shares.
  2. Upon the reclassification of the Reporting Person's LLC Interests described above, the Reporting Person was issued one share of Class B Common Stock for each LLC Interest. One share of Class B Common Stock must be surrendered and canceled upon conversion or redemption of each LLC Interest. Effective December 9 and December 16, 2015, the Reporting Person converted LLC Interests into shares of Class A Common Stock, and an equal number of shares of Class B Common stock were surrendered and cancelled for no consideration.
  3. The LLC Interests may be converted or redeemed at any time and have no expiration date.