Daniel Harris Meyer - Jun 12, 2024 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role
Director, 10%+ Owner
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Daniel H. Meyer
Stock symbol
SHAK
Transactions as of
Jun 12, 2024
Transactions value $
$125,014
Form type
4
Date filed
6/14/2024, 05:15 PM
Previous filing
Apr 3, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK Class A Common Stock, par value $0.001 per share Award $125K +1.35K +83.73% $92.74 2.96K Jun 12, 2024 Direct F1
holding SHAK Class A Common Stock, par value $0.001 per share 480K Jun 12, 2024 BY TRUST F2
holding SHAK Class A Common Stock, par value $0.001 per share 1.31M Jun 12, 2024 BY TRUST 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 Mr. Meyer. On June 12, 2024, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, Mr. Meyer 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 12, 2025, subject to Mr. Meyer's continued service with the Issuer.
F2 Represents shares of Class A Stock of the Issuer that were acquired of by Mr. Meyer through the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust"). Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of such Reporting Persons' pecuniary interest therein.