Filing Details

Accession Number:
0001620533-21-000014
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-20 19:10:34
Reporting Period:
2021-01-15
Accepted Time:
2021-01-20 19:10:34
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
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 2021-01-15 145,000 $21.00 196,891 No 4 M Direct
Class A Common Stock Disposition 2021-01-15 13,209 $109.31 183,682 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 21,952 $110.35 161,730 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 77,394 $111.16 84,336 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 8,687 $112.14 75,649 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 13,258 $113.24 62,391 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 5,089 $114.38 57,302 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 4,311 $115.28 52,991 No 4 S Direct
Class A Common Stock Disposition 2021-01-15 1,100 $116.21 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
No 4 S Direct
No 4 S Direct
No 4 S 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 Stock Option (Right to Buy) Disposition 2021-01-15 145,000 $0.00 145,000 $21.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
140,000 2025-01-29 No 4 M Direct
Footnotes
  1. The transactions reported on this Form 4 were all effected pursuant to a 10b5-1 trading plan entered into on September 16, 2020.
  2. The transaction was executed in multiple trades at prices ranging from $108.79 to $109.7899. The price reported above reflects the weighted average sales price.
  3. 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.
  4. The transaction was executed in multiple trades at prices ranging from $109.79 to $110.7899. The price reported above reflects the weighted average sales price.
  5. The transaction was executed in multiple trades at prices ranging from $110.79 to $111.7899. The price reported above reflects the weighted average sales price.
  6. The transaction was executed in multiple trades at prices ranging from $111.79 to $112.7899. The price reported above reflects the weighted average sales price.
  7. The transaction was executed in multiple trades at prices ranging from $112.79 to $113.7899. The price reported above reflects the weighted average sales price.
  8. The transaction was executed in multiple trades at prices ranging from $113.79 to $114.7899. The price reported above reflects the weighted average sales price.
  9. The transaction was executed in multiple trades at prices ranging from $114.79 to $115.7899. The price reported above reflects the weighted average sales price.
  10. The transaction was executed in multiple trades at prices ranging from $115.79 to $116.43. The price reported above reflects the weighted average sales price.
  11. 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 20, 2020.