Shake Shack Inc. — Director's Dealing 2016

Jun 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2016-06-07

Reporting Person: Select Equity Group, L.P. (Director, See Remarks)
Reporting Person: SEG PARTNERS L P (Director, See Remarks)
Reporting Person: SEG Partners Offshore Master Fund, Ltd. (Director, See Remarks)
Reporting Person: SEG PARTNERS II L P (Director, See Remarks)
Reporting Person: Loening George S (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-07	Class A Common Stock, par value $0.001 per share	S	4454	$37.2599	Disposed	109836	Indirect
2016-06-07	Class A Common Stock, par value $0.001 per share	S	27827	$37.2599	Disposed	1206336	Indirect
2016-06-07	Class A Common Stock, par value $0.001 per share	S	17719	$37.2599	Disposed	440978	Indirect
2016-06-08	Class A Common Stock, par value $0.001 per share	S	4454	$37.4062	Disposed	105382	Indirect
2016-06-08	Class A Common Stock, par value $0.001 per share	S	27827	$37.4062	Disposed	1178509	Indirect
2016-06-08	Class A Common Stock, par value $0.001 per share	S	17719	$37.4062	Disposed	423259	Indirect
2016-06-09	Class A Common Stock, par value $0.001 per share	S	4455	$37.6944	Disposed	100927	Indirect
2016-06-09	Class A Common Stock, par value $0.001 per share	S	27825	$37.6944	Disposed	1150684	Indirect
2016-06-09	Class A Common Stock, par value $0.001 per share	S	17720	$37.6944	Disposed	405539	Indirect

Footnotes

F1: See Exhibit 99.1.

F2: See Exhibit 99.1.

F3: See Exhibit 99.1.

F4: See Exhibit 99.1.