Katherine Fogertey - Mar 1, 2024 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Chief Financial Officer
Signature
/s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Katherine Fogertey
Stock symbol
SHAK
Transactions as of
Mar 1, 2024
Transactions value $
-$199,056
Form type
4
Date filed
3/5/2024, 06:20 PM
Previous filing
Mar 3, 2023
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Award $0 +3.5K +8.96% $0.00 42.5K Mar 1, 2024 Direct F1
transaction SHAK CLASS A COMMON STOCK Tax liability -$100K -932 -2.19% $107.25 41.6K Mar 1, 2024 Direct F2
transaction SHAK CLASS A COMMON STOCK Tax liability -$99.1K -924 -2.22% $107.25 40.7K Mar 1, 2024 Direct F3
* 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 Ms. Fogertey. On March 1, 2024, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, Ms. Fogertey 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 in 4 equal installments on each of March 1, 2025, March 1, 2026, March 1, 2027 and March 1, 2028, subject to Ms. Fogertey's continued service with the Issuer.
F2 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2023 pursuant to the Issuer's 2015 Incentive Award Plan, as amended.
F3 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2022 pursuant to the Issuer's 2015 Incentive Award Plan, as amended.