Form 4 for SHAK Shake Shack Inc.
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001620533-22-000023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-17 | 2022-03-15 | SHAK | Koff Zach | COO | F - Tax | $62.69 | -530 | 31.1K | -2% | -$33.2K |
| 2022-03-17 | 2022-03-15 | SHAK | Koff Zach | COO | A - Grant | $0.00 | +3,935 | 31.6K | +14% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | CLASS A COMMON STOCK | 2022-03-15 | F | D | 356 | $62.69 | 31,259 | D | — | — | (F2) Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Koff pursuant to the Issuer's Incentive Plan upon the Issuer's achievement of certain performance criteria for fiscal year 2021, as determined by the Issuer's Compensation Committee on March 15, 2022. |
| 2 | Common | CLASS A COMMON STOCK | 2022-03-15 | F | D | 174 | $62.69 | 31,085 | D | — | — | (F3) Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Koff on March 15, 2022 pursuant to the Issuer's Incentive Plan. |
| 3 | Common | CLASS A COMMON STOCK | 2022-03-15 | A | A | 3,935 | $0.00 | 31,615 | D | — | — | (F1) Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Koff upon the Issuer's achievement of certain performance targets for certain performance criteria for fiscal year 2021, as determined by the Issuer's Compensation Committee on March 15, 2022. On March 15, 2021, pursuant to the Issuer's 2015 Incentive Award Plan, as amended (the "Incentive Plan"), Mr. Koff 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 4 equal installments on each of March 15, 2022, March 15, 2023, March 15, 2024 and March 15, 2025. |