SEC Form 4 · accession 0001620533-17-000076
Shake Shack Inc. · SHAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jeffrey Flug
Director · 10% Owner
FLUG 2012 GS TRUST U/A/D 9/4/12
10% Owner
Sheryl H Flug
10% Owner
Kenneth Flug
10% Owner
Period of report
May 8, 2017
Accepted (ET)
May 10, 2017 · 7:20 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1,F2,F3 | May 8, 2017 | S | 35,000 | $37.741 | D | 150,000 | I | BY TRUST |
| CLASS A COMMON STOCKF2,F4,F3 | May 9, 2017 | S | 25,000 | $36.5599 | D | 125,000 | I | BY TRUST |
| CLASS A COMMON STOCKF2,F5,F3 | May 10, 2017 | S | 25,000 | $36.478 | D | 100,000 | I | BY TRUST |
| CLASS A COMMON STOCKF6 | holding | — | — | — | 3,240 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction was executed in multiple trades as prices ranging from 35.6000 to 36.1200. The price reported above reflects their average sales price.
- F2Each Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Represents shares of Class A Common Stock ("Class A Stock") of the Issuer held by the Flug 2012 GS Trust U/A/D 9/4/12 (the "Trust"). Kenneth Flug, the brother of Jeffrey Flug, and Sheryl Flug, the wife of Jeffrey Flug, are trustees of the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
- F4The transaction was executed in multiple trades at prices ranging from $36.1100 to $36.7900. The price reported above reflects the weighted average sales price.
- F5The transaction was executed in multiple trades at prices ranging from $36.2600 to $36.8400. The price reported above reflects the weighted average sales price.
- F6Jeffrey Flug's prior filings inadvertently reported 15,000 shares of Class A Stock as held directly, rather than held indirectly by the Trust. This Form 4 reflects the Trust's holdings of those 15,000 shares.