Jenna Lyons - 14 Jun 2021 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Jenna Lyons
Issuer symbol
SHAK
Transactions as of
14 Jun 2021
Net transactions value
-$81,371
Form type
4
Filing time
16 Jun 2021, 17:32:32 UTC
Previous filing
11 Jun 2021
Next filing
16 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Options Exercise $21,462 +1,022 +42% $21.00 3,445 14 Jun 2021 Direct F1
transaction SHAK CLASS A COMMON STOCK Sale $102,833 -1,022 -30% $100.62 2,423 14 Jun 2021 Direct F2, F3

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
transaction SHAK Stock Option (Right to Buy) Options Exercise $0 -1,022 -11% $0.000000 8,211 14 Jun 2021 CLASS A COMMON STOCK 1,022 $21.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were all effected pursuant to a 10b5-1 trading plan entered into on March 16, 2021.
F2 The transaction was executed in multiple trades at prices ranging from $100.52 to $100.705. The price reported above reflects the weighted average sales price.
F3 The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 These options are fully vested.