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Shake Shack Inc. — Director's Dealing 2016
Dec 15, 2016
31166_dirs_2016-12-15_10d70c5b-1290-454d-8425-8171baecd567.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: 2016-12-13
Reporting Person: Flug Jeffrey (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-13 | CLASS A COMMON STOCK | S | 15000 | $37.9119 | Disposed | 18240 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CLASS B COMMON STOCK | 0 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Membership Interests | $ | CLASS A COMMON STOCK (0.0) | 0 | Indirect |
Footnotes
F1: The transaction was executed in multiple trades at prices ranging from $37.5000 to $38.2500. The price reported above reflects the weighted average sales price.
F2: The Reporting Person 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.
F3: Represents Class A Stock of the Issuer held by the Reporting Person directly.
F4: Represents shares of Class B Common Stock ("Class B Stock") of the Issuer held by the Reporting Person.
F5: The Reporting Person also holds 922,574 shares of Class B Stock indirectly through Flug 2012 GS Trust U/A/D 9/4/12 (the "Trust"), of which the Reporting Person's spouse is a trustee and beneficiary. The Reporting Person disclaims beneficial ownership of such Class B Stock except to the extent of his pecuniary interest therein.
F6: The common membership interests of SSE Holdings, LLC (the "LLC Interests") are redeemable for an equal number of shares of Class A 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.
F7: Represents LLC Interests held by Reporting Person.
F8: The Reporting Person also holds 922,574 LLC Interests indirectly through the Trust, of which the Reporting Person's spouse is a trustee and beneficiary. The Reporting Person disclaims beneficial ownership of such LLC Interests, except to the extent of his pecuniary interest therein.