Katherine Fogertey - Jul 15, 2024 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Signature
/s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Katherine Fogertey
Stock symbol
SHAK
Transactions as of
Jul 15, 2024
Transactions value $
-$136,940
Form type
4
Date filed
7/17/2024, 05:44 PM
Previous filing
Jun 20, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Tax liability -$137K -1.59K -3.97% $86.18 38.4K Jul 15, 2024 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") withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey pursuant to Ms. Fogertey's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in five equal installments on July 15, 2022, July 15, 2023, July 15, 2024, July 15, 2025, and July 15, 2026, subject to Ms. Fogertey's continued service with the Issuer.