Randall J. Garutti - Feb 22, 2024 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Randall J. Garutti
Stock symbol
SHAK
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 06:05 PM
Previous filing
Dec 29, 2023
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS B COMMON STOCK Gift $0 -16.5K -6.49% $0.00 238K Feb 22, 2024 Direct
holding SHAK CLASS B COMMON STOCK 56K Feb 22, 2024 BY TRUST F1

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 Common Membership Interests Gift -16.5K -6.49% 238K Feb 22, 2024 CLASS A COMMON STOCK 16.5K Direct F2
holding SHAK Common Membership Interests 56K Feb 22, 2024 CLASS A COMMON STOCK 56K BY TRUST F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by The Randall J. Garutti 2014 GS Trust (the "Trust"). Ronald Garutti, Jr. the brother of Randall Garutti, and Maria Garutti, the wife of Randall Garutti, are the trustees of the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
F2 The LLC Interests are redeemable for an equal number of shares of Shake Shack's (the "Issuer") Class A Common Stock or, at the election of the Issuer, cash equal to the volume-weighted average market price of such shares. The LLC Interests have no expiration date.