GARUTTI RANDALL J 4
4 · Shake Shack Inc. · Filed Feb 18, 2021
Insider Transaction Report
Form 4
Shake Shack Inc.SHAK
GARUTTI RANDALL J
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
CLASS A COMMON STOCK
2021-02-16$21.00/sh+140,000$2,940,000→ 191,891 total - Sale
CLASS A COMMON STOCK
2021-02-16$121.17/sh−18,600$2,253,835→ 173,291 total - Sale
CLASS A COMMON STOCK
2021-02-16$121.93/sh−45,043$5,492,314→ 128,248 total - Sale
CLASS A COMMON STOCK
2021-02-16$122.96/sh−30,346$3,731,484→ 97,902 total - Sale
CLASS A COMMON STOCK
2021-02-16$123.91/sh−8,841$1,095,452→ 89,061 total - Sale
CLASS A COMMON STOCK
2021-02-16$125.12/sh−9,221$1,153,713→ 79,840 total - Sale
CLASS A COMMON STOCK
2021-02-16$125.98/sh−17,035$2,146,122→ 62,805 total - Sale
CLASS A COMMON STOCK
2021-02-16$126.98/sh−8,415$1,068,497→ 54,390 total - Sale
CLASS A COMMON STOCK
2021-02-16$128.19/sh−1,299$166,521→ 53,091 total - Sale
CLASS A COMMON STOCK
2021-02-16$128.69/sh−1,200$154,426→ 51,891 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-02-16−140,000→ 0 totalExercise: $21.00Exp: 2025-01-29→ CLASS A COMMON STOCK (140,000 underlying)
Footnotes (12)
- [F1]The transactions reported on this Form 4 were all effected pursuant to a 10b5-1 trading plan.
- [F10]The transaction was executed in multiple trades at prices ranging from $127.53 to $128.5299. The price reported above reflects the weighted average sales price.
- [F11]The transaction was executed in multiple trades at prices ranging from $128.53 to $128.81. The price reported above reflects the weighted average sales price.
- [F12]An option to purchase 685,000 shares of Class A common stock at $21 per share was granted to Mr. Garutti on January 29, 2015. 137,000 options vested on each of January 29, 2016, January 29, 2017, January 29, 2018, January 29, 2019, and January 29, 2020.
- [F2]The transaction was executed in multiple trades at prices ranging from $120.53 to $121.5299. The price reported above reflects the weighted average sales price.
- [F3]Each 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.
- [F4]The transaction was executed in multiple trades at prices ranging from $121.53 to $122.5299. The price reported above reflects the weighted average sales price.
- [F5]The transaction was executed in multiple trades at prices ranging from $122.53 to $123.5299. The price reported above reflects the weighted average sales price.
- [F6]The transaction was executed in multiple trades at prices ranging from $123.53 to $124.5299. The price reported above reflects the weighted average sales price.
- [F7]The transaction was executed in multiple trades at prices ranging from $124.53 to $125.5299. The price reported above reflects the weighted average sales price.
- [F8]The transaction was executed in multiple trades at prices ranging from $125.53 to $126.5299. The price reported above reflects the weighted average sales price.
- [F9]The transaction was executed in multiple trades at prices ranging from $126.53 to $127.5299. The price reported above reflects the weighted average sales price.