Shake Shack Inc. — Director's Dealing 2016

Nov 15, 2016

SEC Form 4/A — Form 4/A

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2016-11-14

Reporting Person: SLOATE LAURA J (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-14	Class A Common Stock	S	2500	$39	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	225074	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Membership Interests	$		Class A Common Stock (225074)	225074	Direct

Footnotes

F1: This Form 4/A is filed solely to correct the total number of shares held following this reported transaction, which was previously included on the Form 4 filed on 11/14/2016. Due to an inadvertently omitted sale of 2,500 shares on 8/18/2016 (as reported on the Form 4 filed 11/15/2016), the number of shares held following this transaction should have been reported as 0 (and not 2,500, as previously reported).

F2: Upon the reclassification of the Reporting Person's LLC Interests in connection with the Issuer's IPO in February 2015, the Reporting Person was issued one share of Class B Common Stock for each LLC Interest. One share of Class B Common Stock must be surrendered and canceled upon conversion or redemption of each LLC Interest for Class A Common Stock, as described in fn. 3.

F3: In connection with the Issuer's IPO, the Reporting Person's membership interests in SSE Holdings, LLC (the "LLC Interests") became convertible into an equal number of shares of Class A Common Stock on a one-for-one basis, or at the election of the issuer, redeemable for cash equal to the volume-weighted average market price of such Class A shares. Surrender of one share of Class B Common Stock is required for each LLC Interest redeemed, as described in fn. 2.

F4: The LLC Interests may be converted or redeemed at any time and have no expiration date.