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Shake Shack Inc. — Director's Dealing 2015
Nov 13, 2015
31166_dirs_2015-11-13_62d4de55-1ed8-4a49-8d6b-44d9adc8ee28.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2015-11-12
Reporting Person: CORAINE RICHARD D (10% Owner)
Reporting Person: HAIDA TONI (10% Owner)
Reporting Person: RICHARD D. CORAINE 2012 FAMILY TRUST (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-12 | CLASS A COMMON STOCK | C | 11000 | — | Acquired | 16000 | Direct |
| 2015-11-12 | CLASS B COMMON STOCK | J | 11000 | — | Disposed | 207924 | Direct |
| 2015-11-12 | CLASS A COMMON STOCK | C | 36822 | — | Acquired | 36822 | Indirect |
| 2015-11-12 | CLASS B COMMON STOCK | J | 36822 | — | Disposed | 331401 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-12 | Common Membership Interests | $ | C | 11000 | Disposed | CLASS A COMMON STOCK (11000.0) | Direct | |
| 2015-11-12 | Common Membership Interests | $ | C | 36822 | Disposed | CLASS A COMMON STOCK (36822.0) | Indirect |
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 A Common Stock.
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: Held directly by the Richard D. Coraine 2012 Family Trust (the "Trust"), of which Richard D. Coraine's spouse, Toni Haida, is a trustee and beneficiary. Each of Richard D. Coraine and Toni Haida disclaims beneficial ownership of the shares and LLC Interests, as applicable, reported herein, except to the extent of his or her pecuniary interest therein.
F4: The LLC Interests are redeemable for an equal number of shares of the Issuer's Class A 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.