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Shake Shack Inc. — Director's Dealing 2015
Nov 25, 2015
31166_dirs_2015-11-24_67cb1704-f729-45a5-8768-a580d6fe83a5.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2015-11-19
Reporting Person: ACG SHACK LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-19 | CLASS A COMMON STOCK | J | 250000 | — | Acquired | 250000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-19 | Common Membership Interests | $ | C | 250000 | Disposed | CLASS B COMMON STOCK (250000) | Direct | |
| 2015-11-19 | CLASS B COMMON STOCK | $ | J | 250000 | Acquired | CLASS A COMMON STOCK (250000) | Direct | |
| 2015-11-19 | CLASS B COMMON STOCK | $ | J | 250000 | Disposed | CLASS A COMMON STOCK (250000) | Direct |
Footnotes
F1: Shares obtained upon redemption of common membership interests in SSE Holdings, LLC (the "LLC Interests") for an equal number of shares of the Issuer's Class B Common Stock, which are convertible into an equal number of the Issuer's Class A Common Stock, as explained in note 2 below.
F2: Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of the Issuer's Class B Common Stock are cancelled for no consideration on a one-for-one basis upon redemption of the LLC Interests for shares of Class A Common Stock.
F3: The LLC Interests are redeemable for an equal number of shares of the Issuer's Class B Common 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.