SEC Form 4 · accession 0001620533-17-000120
Shake Shack Inc. · SHAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tara Comonte
Officer — CHIEF FINANCIAL OFFICER
Period of report
Jun 12, 2017
Accepted (ET)
Jun 14, 2017 · 5:40 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 | Jun 12, 2017 | A | 38,551 | $0.00 | A | 38,551 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $38.91 | Jun 12, 2017 | A | 5,150 | A | — | Jun 12, 2027 | CLASS A COMMON STOCK | 5,150 | 5,150 | D |
Explanation of responses
- F1Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. On June 12, 2017, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, the Reporting Person 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 in 3 equal installments on each of June 12, 2018, June 12, 2019 and June 12, 2020, subject to the Reporting Person's employment agreement with the Issuer.
- F2The option vests in five equal installments on each of the first five anniversaries of the grant date, subject to the Reporting Person's employment agreement with the Issuer.