4//SEC Filing
Flug Jeffrey 4
Accession 0001620533-19-000094
CIK 0001620533other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 9:17 PM ET
Size
15.9 KB
Accession
0001620533-19-000094
Insider Transaction Report
Form 4
Shake Shack Inc.SHAK
Flug 2015 GS Trust U/A/D 12/29/15
10% Owner
Transactions
- Other
CLASS B COMMON STOCK
2019-07-26−50,000→ 50,000 total(indirect: By Trust) - Conversion
CLASS A COMMON STOCK
2019-07-26+50,000→ 50,000 total(indirect: By Trust) - Conversion
Common Membership Interests
2019-07-26−50,000→ 50,000 total(indirect: By Trust)→ CLASS A COMMON STOCK (50,000 underlying)
Holdings
- 5,078
Class A Common Stock, par value $0.001 per share
Flug Jeffrey
Director10% Owner
Transactions
- Conversion
CLASS A COMMON STOCK
2019-07-26+50,000→ 50,000 total(indirect: By Trust) - Other
CLASS B COMMON STOCK
2019-07-26−50,000→ 50,000 total(indirect: By Trust) - Conversion
Common Membership Interests
2019-07-26−50,000→ 50,000 total(indirect: By Trust)→ CLASS A COMMON STOCK (50,000 underlying)
Holdings
- 5,078
Class A Common Stock, par value $0.001 per share
FLUG SHERYL H
10% Owner
Transactions
- Other
CLASS B COMMON STOCK
2019-07-26−50,000→ 50,000 total(indirect: By Trust) - Conversion
CLASS A COMMON STOCK
2019-07-26+50,000→ 50,000 total(indirect: By Trust) - Conversion
Common Membership Interests
2019-07-26−50,000→ 50,000 total(indirect: By Trust)→ CLASS A COMMON STOCK (50,000 underlying)
Holdings
- 5,078
Class A Common Stock, par value $0.001 per share
Gulf Five Fiduciary Management Corp
10% Owner
Transactions
- Conversion
CLASS A COMMON STOCK
2019-07-26+50,000→ 50,000 total(indirect: By Trust) - Other
CLASS B COMMON STOCK
2019-07-26−50,000→ 50,000 total(indirect: By Trust) - Conversion
Common Membership Interests
2019-07-26−50,000→ 50,000 total(indirect: By Trust)→ CLASS A COMMON STOCK (50,000 underlying)
Holdings
- 5,078
Class A Common Stock, par value $0.001 per share
Footnotes (6)
- [F1]Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") that were obtained upon a redemption of an equal number of common membership interests in SSE Holdings, LLC (the "LLC Interests").
- [F2]Represents shares of Class A Stock of the Issuer held by 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 shares except to the extent of such Reporting Person's pecuniary interest therein.
- [F3]Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of the Issuer's Class B Common Stock ("Class B Stock") are cancelled for no consideration on a one-for-one basis upon redemption of the LLC Interests for shares of Class A Stock of the Issuer.
- [F4]Represents shares of Class B Stock of the Issuer held by the Trust. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.
- [F5]Represents LLC Interests redeemable for an equal number of shares of the Issuer's Class A 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.
- [F6]Represents LLC Interests held by the Trust. Each Reporting Person disclaims beneficial ownership of such interests except to the extent of such Reporting Person's pecuniary interest therein.
Documents
Issuer
Shake Shack Inc.
CIK 0001620533
Entity typeother
Related Parties
1- filerCIK 0001396917
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 9:17 PM ET
- Size
- 15.9 KB