Daniel Harris Meyer - Jul 11, 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
Jul 11, 2022
Transactions value $
$831,235
Form type
4
Date filed
7/13/2022, 05:31 PM
Previous filing
Jul 6, 2022
Next filing
Aug 22, 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 Purchase $763K +19.3K +3.48% $39.51 575K Jul 11, 2022 BY TRUST F1, F2, F3
transaction SHAK Class A Common Stock, par value $0.001 per share Purchase $68.6K +1.7K +0.3% $40.37 576K Jul 11, 2022 BY TRUST F2, F3, F4
holding SHAK Class A Common Stock, par value $0.001 per share 1.31M Jul 11, 2022 BY TRUST F5
holding SHAK Class A Common Stock, par value $0.001 per share 4.07K Jul 11, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was executed in multiple trades at prices ranging from $39.2000 to $40.1999. The price reported above reflects the weighted average purchase price.
F2 The Daniel H. Meyer Investment Trust (the "Investment Trust") 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.
F3 Shares of Class A common stock ("Class A Stock") of the Issuer were acquired by Mr. Meyer through the Investment Trust pursuant to a 10b5-1 trading plan entered into on June 9, 2022. 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 The transaction was executed in multiple trades at prices ranging from $40.2000 to $40.5500. The price reported above reflects the weighted average purchase price.
F5 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.