VIVIAN ROBERT T 4

4 · Shake Shack Inc. · Filed Aug 29, 2019

Form 4

Period: 2019-08-27

Director10% Owner

Transactions

Exercise/Conversion
Common Membership Interests
2019-08-27−25,000→ 25,851 total
→ CLASS A COMMON STOCK (25,000 underlying)
Conversion
CLASS A COMMON STOCK
2019-08-27+25,000→ 35,181 total
Sale
CLASS A COMMON STOCK
2019-08-28$99.13/sh−25,000$2,478,250→ 10,181 total
Other
CLASS B COMMON STOCK
2019-08-27−25,000→ 25,851 total

Footnotes (5)

[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]The transaction was executed in multiple trades at prices ranging from $98.9000 to $99.3000. The price reported above reflects the weighted average sales price.
[F3]The 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.
[F4]Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of the Issuer's Class B Common 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.
[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.

Documents

1 file