Filing Details
- Accession Number:
- 0001620533-20-000081
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-10 17:53:33
- Reporting Period:
- 2020-09-08
- Accepted Time:
- 2020-09-10 17:53:33
- 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 |
|---|---|---|---|---|---|---|---|
| 1708832 | Tara Comonte | C/O Shake Shack Inc. 225 Varick Street, Suite 301 New York NY 10014 | President & Cfo | No | Yes | No | 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 | 2020-09-08 | 1,090 | $38.91 | 63,217 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-09-08 | 2,014 | $39.91 | 65,231 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-09-08 | 757 | $54.36 | 65,988 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-09-08 | 6,452 | $65.96 | 59,536 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-09-08 | 2,505 | $66.63 | 57,031 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 | Employee Stock Option (right to buy) | Disposition | 2020-09-08 | 1,090 | $0.00 | 1,090 | $38.91 |
| Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-09-08 | 2,014 | $0.00 | 2,014 | $39.91 |
| Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-09-08 | 757 | $0.00 | 757 | $54.36 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,060 | 2027-06-12 | No | 4 | M | Direct | |
| 3,022 | 2028-03-22 | No | 4 | M | Direct | |
| 3,028 | 2029-03-22 | 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 August 6, 2020.
- Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") that were obtained upon Ms. Comonte's cashless exercise of the option to purchase 1,090 shares of Class A Stock.
- Represents shares of Class A Stock of the Issuer that were obtained upon Ms. Comonte's cashless exercise of the option to purchase 2,014 shares of Class A Stock.
- Represents shares of Class A Stock of the Issuer that were obtained upon Ms. Comonte's cashless exercise of the option to purchase 757 shares of Class A Stock.
- Ms. Comonte 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 $65.39 to $66.3899. The price reported above reflects the weighted average sales price.
- The transaction was executed in multiple trades at prices ranging from $66.39 to $67.08. The price reported above reflects the weighted average sales price.
- An option to purchase 5,150 shares of Class A Stock at $38.91 per share was granted to Ms. Comonte on June 12, 2017. 1,030 options vested on each of June 12, 2018, June 12, 2019, and June 12, 2020, and the remaining options vest in two equal installments on each of June 12, 2021 and June 21, 2022, subject to Ms. Comonte's continued service with the Issuer.
- An option to purchase 5,036 shares of Class A Stock at $39.91 per share was granted to Ms. Comonte on March 22, 2018. 1,007 options vested on each of March 22, 2019 and March 22, 2020, and the remaining options vest in three equal installments on each of March 22, 2021, March 22, 2022, and March 22, 2023, subject to Ms. Comonte's continued service with the Issuer.
- An option to purchase 3,785 shares of Class A Stock at $54.36 per share was granted to Ms. Comonte on March 22, 2019. 757 options vested on March 22, 2020 and the remaining options vest in four equal installments on each of March 22, 2021, March 22, 2022, March 22, 2023, and March 22, 2024, subject to Ms. Comonte's continued service with the Issuer.
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