SEC Form 4 · accession 0001140361-15-043847

Shake Shack Inc. · SHAK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Dec 3, 2015

Accepted (ET)

Dec 7, 2015 · 8:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001620533

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
CLASS A COMMON STOCK	Dec 3, 2015	S	50,000	$44.62	D	50,000	D
CLASS A COMMON STOCK	Dec 4, 2015	S	50,000	$44.02	D	0	D
CLASS A COMMON STOCK^F1	Dec 7, 2015	J	250,000	—	A	250,000	D
CLASS A COMMON STOCK	Dec 7, 2015	S	50,000	$43.94	D	200,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Membership Interests^F3	—	Dec 7, 2015	C	250,000	D	—	—	CLASS B COMMON STOCK	250,000	868,500	D
CLASS B COMMON STOCK^F2	—	Dec 7, 2015	J	250,000	A	—	—	CLASS A COMMON STOCK	250,000	250,000	D
CLASS B COMMON STOCK^F2	—	Dec 7, 2015	J	250,000	D	—	—	CLASS A COMMON STOCK	250,000	0	D

F1Shares obtained upon redemption of common membership interests in SSE Holdings. LLC (the "LLC Interests") for an equal number of shares of the Issuer's Class B Common Stock, which are convertible into an equal number of the Issuer's Class A Common Stock, as explained in note 2 below.
F2Pursuant to the Amended and Restated Certificate of Incorporation of the issuer, the shares of the Issuer's Class B Common Stock are cancelled for no consideration on a one-for-one basis upon redemption of the LLC Interests for shares of Class A Common Stock.
F3The LLC Interests are redeemable for an equal number of shares of the issuer's Class B 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.