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Shake Shack Inc. — Director's Dealing 2017
May 11, 2017
31166_dirs_2017-05-10_5b593341-046e-4de5-85e1-201212f89937.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: 2017-05-08
Reporting Person: Flug Jeffrey (Director, 10% Owner)
Reporting Person: FLUG 2012 GS TRUST U/A/D 9/4/12 (10% Owner)
Reporting Person: FLUG KENNETH (10% Owner)
Reporting Person: FLUG SHERYL H (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-08 | CLASS A COMMON STOCK | S | 35000 | $37.741 | Disposed | 150000 | Indirect |
| 2017-05-09 | CLASS A COMMON STOCK | S | 25000 | $36.5599 | Disposed | 125000 | Indirect |
| 2017-05-10 | CLASS A COMMON STOCK | S | 25000 | $36.478 | Disposed | 100000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CLASS A COMMON STOCK | 3240 | Direct |
Footnotes
F1: The transaction was executed in multiple trades as prices ranging from 35.6000 to 36.1200. The price reported above reflects their average sales price.
F2: Each 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 shares of Class A Common Stock ("Class A Stock") of the Issuer held by the Flug 2012 GS Trust U/A/D 9/4/12 (the "Trust"). Kenneth Flug, the brother of Jeffrey Flug, and Sheryl Flug, the wife of Jeffrey Flug, are trustees of the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
F4: The transaction was executed in multiple trades at prices ranging from $36.1100 to $36.7900. The price reported above reflects the weighted average sales price.
F5: The transaction was executed in multiple trades at prices ranging from $36.2600 to $36.8400. The price reported above reflects the weighted average sales price.
F6: Jeffrey Flug's prior filings inadvertently reported 15,000 shares of Class A Stock as held directly, rather than held indirectly by the Trust. This Form 4 reflects the Trust's holdings of those 15,000 shares.