X0202 4 2006-02-22 0 0000093859 STEAK & SHAKE CO SNS 0001242883 REINWALD GARY 36 S. PENNSYLVANIA SUITE 500 INDIANAPOLIS IN 46204 0 1 0 0 EVP Common Stock 2006-02-22 4 S 0 6100 18.25 D 188126 D Common Stock 2006-02-22 4 S 0 2300 18.26 D 185826 D Common Stock 2006-02-22 4 S 0 500 18.30 D 185326 D Common Stock 2006-02-22 4 S 0 400 18.32 D 184926 D Common Stock 2006-02-22 4 S 0 1200 18.33 D 183726 D Common Stock 2006-02-22 4 S 0 500 18.34 D 183226 D Common Stock 2006-02-22 4 S 0 2500 18.35 D 180726 D Common Stock 2006-02-22 4 S 0 500 18.41 D 180226 D Common Stock 2006-02-22 4 S 0 1300 18.40 D 178926 D Common Stock 2006-02-24 4 S 0 24700 18 D 154226 D Option 17.14 2004-08-04 2009-08-04 Common Stock 16000 16000 D Option 19.75 2005-09-14 2010-09-14 Common Stock 7400 7400 D Option 17.47 2007-02-08 2016-02-08 11500 11500 11500 D These options vest at a rate of 20% on the date of grant and 20% per anniversary thereafter until fully vested. These Options vest over a five-year period, with 25% vesting on the first anniversary of the grant and the remainder vesting at a rate of 25% over the subsequent anniversaries until fully vested. David C. Milne, Attorney in fact 2006-02-24