Daniel Harris Meyer - Jun 15, 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director, 10%+ Owner
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Daniel H. Meyer
Stock symbol
SHAK
Transactions as of
Jun 15, 2022
Transactions value $
$125,012
Form type
4
Date filed
6/16/2022, 07:41 PM
Previous filing
Apr 27, 2022
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK Class A Common Stock, par value $0.001 per share Award $125K +3.09K +313.6% $40.47 4.07K Jun 15, 2022 Direct F1
holding SHAK Class A Common Stock, par value $0.001 per share 555K Jun 15, 2022 BY TRUST F2, F3
holding SHAK Class A Common Stock, par value $0.001 per share 1.31M Jun 15, 2022 BY TRUST F4
* 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 Mr. Meyer. On June 15, 2022, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, Mr. Meyer 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 Mr. Meyer's continued service with the Issuer.
F2 Includes 253 shares of Class A Stock of the Issuer transferred from Mr. Meyer to the Investment Trust after the lapse of restrictions on prior restricted stock unit grants. The transfer reflects no change in beneficial ownership or pecuniary interest and is exempt under Rule 16a-13.
F3 Represents shares of Class A Stock of the Issuer held by Mr. Meyer through the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust"). Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of such Reporting Persons' pecuniary interest therein.