Jonathan D. Sokoloff - 15 Jun 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., as Attorney-in-Fact for Jonathan D. Sokoloff
Issuer symbol
SHAK
Transactions as of
15 Jun 2022
Net transactions value
+$62,526
Form type
4
Filing time
16 Jun 2022, 19:44:10 UTC
Previous filing
21 Mar 2022
Next filing
28 Jun 2022
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 Award $62,526 +1,545 +54% $40.47 4,432 15 Jun 2022 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) 2,003 15 Jun 2022 CLASS A COMMON STOCK 2,003 $34.62 Direct F2, F3
holding SHAK Employee Stock Option (right to buy) 8,251 15 Jun 2022 CLASS A COMMON STOCK 8,251 $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 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.
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.