Robert Lynch - 23 May 2024 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Chief Executive Officer, Director
Signature: /s/ Ronald Palmese, Jr. , Esq., Attorney-in-Fact for Robert Lynch
Issuer symbol: SHAK
Transactions as of: 23 May 2024
Net transactions value: $0
Form type: 4
Filing time: 28 May 2024, 20:17:55 UTC
Previous filing: 28 May 2024
Next filing: 01 Jul 2024
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	Award	$0	+19,826		$0.000000	19,826	23 May 2024	Direct	F1
transaction	SHAK	CLASS A COMMON STOCK	Award	$0	+15,861	+80%	$0.000000	35,687	23 May 2024	Direct	F2

* 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 ( the "Issuer") underlying restricted stock units acquired by the Reporting Person pursuant to the Reporting Person's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Award Plan, as amended (the "2015 Incentive Award Plan"). The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on each of May 23, 2025, May 23, 2026, May 23, 2027 and May 23, 2028.
F2	Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by the Reporting Person pursuant to the Reporting Person's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Award Plan. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 2 equal installments on each of May 23, 2025 and May 23, 2026.

Content

Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack ( the "Issuer") underlying restricted stock units acquired by the Reporting Person pursuant to the Reporting Person's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Award Plan, as amended (the "2015 Incentive Award Plan"). The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on each of May 23, 2025, May 23, 2026, May 23, 2027 and May 23, 2028.

Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by the Reporting Person pursuant to the Reporting Person's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Award Plan. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 2 equal installments on each of May 23, 2025 and May 23, 2026.