SEC Form 4 · accession 0001620533-18-000031
Shake Shack Inc. · SHAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jeffrey Flug
Director · 10% Owner
Sheryl H Flug
10% Owner
Flug 2015 GS Trust U/A/D 12/29/15
10% Owner
Gulf Five Fiduciary Management Corp
10% Owner
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 5:30 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1,F2,F3 | Mar 5, 2018 | S | 14,400 | $39.7949 | D | 131,504 | I | BY TRUST |
| CLASS A COMMON STOCKF2,F4,F3 | Mar 5, 2018 | S | 25,600 | $40.6197 | D | 105,904 | I | BY TRUST |
| CLASS A COMMON STOCKF2,F5,F3 | Mar 6, 2018 | S | 40,000 | $41.1945 | D | 65,904 | I | BY TRUST |
| CLASS A COMMON STOCKF2,F6,F3 | Mar 7, 2018 | S | 15,904 | $41.3102 | D | 50,000 | I | BY TRUST |
| CLASS A COMMON STOCK | holding | — | — | — | 4,415 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction was executed in multiple trades at prices ranging from $39.4200 to $40.3800. The price reported above reflects the weighted average sales price.
- F2Each Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (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 2015 GS Trust U/A/D 12/29/15 (the "Trust"). Gulf Five Fiduciary Management Corp is the trustee of the Trust. Sheryl Flug, the wife of Jeffrey Flug, is the President of Gulf Five Fiduciary Management Corp. 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 $40.4200 to $40.7900. The price reported above reflects the weighted average sales price.
- F5The transaction was executed in multiple trades at prices ranging from $41.0000 to $41.4300. The price reported above reflects the weighted average sales price.
- F6The transaction was executed in multiple trades at prices ranging from $41.2500 to $41.4400. The price reported above reflects the weighted average sales price.