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

Role
Director
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Jenna Lyons
Stock symbol
SHAK
Transactions as of
Jun 14, 2021
Transactions value $
-$81,371
Form type
4
Date filed
6/16/2021, 05:32 PM
Previous filing
Jun 11, 2021
Next filing
Jul 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Options Exercise $21.5K +1.02K +42.18% $21.00 3.45K Jun 14, 2021 Direct F1
transaction SHAK CLASS A COMMON STOCK Sale -$103K -1.02K -29.67% $100.62 2.42K Jun 14, 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 -1.02K -11.07% $0.00 8.21K Jun 14, 2021 CLASS A COMMON STOCK 1.02K $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.