SEC Form 4 · accession 0001620533-18-000039

Shake Shack Inc. · SHAK

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

Reporting owner

Officer — CHIEF FINANCIAL OFFICER

Period of report

Mar 22, 2018

Accepted (ET)

Mar 23, 2018 · 4:40 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 STOCK^F1	Mar 22, 2018	A	3,288	$0.00	A	53,286	D

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	$39.91	Mar 22, 2018	A	5,036	A	—	Mar 22, 2028	CLASS A COMMON STOCK	5,036	5,036	D
Employee Stock Option (right to buy)^F2	$38.91	holding	—	—	—	—	Jun 12, 2027	CLASS A COMMON STOCK	5,150	5,150	D

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 upon the Issuer's achievement of certain performance targets for certain performance criteria for fiscal year 2017, as determined by the Issuer's Compensation Committee on March 22, 2018. On June 12, 2017, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, the Reporting Person was awarded performance stock units that issue into restricted stock units representing 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.
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.