Sumaiya Balbale - Jun 29, 2023 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-fact for Sumaiya Balbale
Stock symbol
SHAK
Transactions as of
Jun 29, 2023
Transactions value $
$70,040
Form type
4
Date filed
6/29/2023, 06:26 PM
Previous filing
Jun 16, 2022
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Award $70K +902 +14.77% $77.65 7.01K Jun 29, 2023 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") underlying restricted stock units acquired by the Reporting Person. On June 29, 2023, 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 29, 2024, subject to the Reporting Person's continued service with the Issuer.