Robert T. Vivian - 23 May 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
Issuer symbol
SHAK
Transactions as of
23 May 2023
Net transactions value
+$412,427
Form type
4
Filing time
25 May 2023, 16:15:57 UTC
Previous filing
16 Jun 2022
Next filing
29 Jun 2023
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 Options Exercise $294,546 +14,026 +97% $21.00 28,428 23 May 2023 Direct F1
transaction SHAK CLASS A COMMON STOCK Options Exercise $117,881 +3,405 +12% $34.62 31,833 23 May 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 +14,026 +100% $0.000000 28,052 23 May 2023 CLASS A COMMON STOCK 14,026 $21.00 Direct F1
transaction SHAK Stock Option (Right to Buy) Options Exercise $0 +3,405 +20% $0.000000 20,836 23 May 2023 CLASS A COMMON STOCK 3,405 $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.