Jonathan D. Sokoloff - Jun 9, 2021 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., as Attorney-in-Fact for Jonathan D. Sokoloff
Stock symbol
SHAK
Transactions as of
Jun 9, 2021
Transactions value $
$37,563
Form type
4
Date filed
6/11/2021, 07:23 PM
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Award $37.6K +379 +13.13% $99.11 3.27K Jun 9, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SHAK Employee Stock Option (right to buy) 2K Jun 9, 2021 CLASS A COMMON STOCK 2K $34.62 Direct F2, F3
holding SHAK Employee Stock Option (right to buy) 8.25K Jun 9, 2021 CLASS A COMMON STOCK 8.25K $21.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. On June 9, 2021, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, the Reporting Person was awarded restricted stock units that represent the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest on June 9, 2022, subject to the Reporting Person's continued service with the Issuer.
F2 These options are fully vested.
F3 The options reported on this row were granted in respect of the Reporting Person's service on the Issuer's Board of Directors and are held by the Reporting Person for the benefit of Leonard Green & Partners, L.P. These options are fully vested.