Katherine Irene Fogertey - 15 Jul 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Signature
/s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Katherine Fogertey
Issuer symbol
SHAK
Transactions as of
15 Jul 2022
Net transactions value
-$72,013
Form type
4
Filing time
19 Jul 2022, 16:52:03 UTC
Previous filing
03 Mar 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Tax liability $72,013 -1,550 -4.9% $46.46 29,933 15 Jul 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") withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey pursuant to Ms. Fogertey's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in five equal installments on each of July 15, 2022, July 15, 2023, July 15, 2024, July 15, 2025, and July 15, 2026, subject to Ms. Fogertey's continued service with the Issuer.