Sumaiya Balbale - Jun 15, 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-fact for Sumaiya Balbale
Stock symbol
SHAK
Transactions as of
Jun 15, 2022
Transactions value $
$140,026
Form type
4
Date filed
6/16/2022, 07:29 PM
Previous filing
Jun 11, 2021
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Award $140K +3.46K +130.76% $40.47 6.11K Jun 15, 2022 Direct F1
* 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 15, 2022, 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 15, 2023, subject to the Reporting Person's continued service with the Issuer.