Robert T. Vivian - May 23, 2023 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Robert T. Vivian
Stock symbol
SHAK
Transactions as of
May 23, 2023
Transactions value $
$412,427
Form type
4
Date filed
5/25/2023, 04:15 PM
Previous filing
Jun 16, 2022
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 Options Exercise $295K +14K +97.39% $21.00 28.4K May 23, 2023 Direct F1
transaction SHAK CLASS A COMMON STOCK Options Exercise $118K +3.41K +11.98% $34.62 31.8K May 23, 2023 Direct F2

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
transaction SHAK Stock Option (Right to Buy) Options Exercise $0 +14K +100% $0.00 28.1K May 23, 2023 CLASS A COMMON STOCK 14K $21.00 Direct F1
transaction SHAK Stock Option (Right to Buy) Options Exercise $0 +3.41K +19.53% $0.00 20.8K May 23, 2023 CLASS A COMMON STOCK 3.41K $34.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An option to purchase 14,026 shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") at $21 per share was granted to Mr. Vivian on January 29, 2015. 14,026 options vested on January 29, 2016.
F2 An option to purchase 3,405 shares of Class A Stock of the Issuer at $34.62 per share was granted to Mr. Vivian on May 19, 2016. 3,405 options vested on May 19, 2017.