Shake Shack Inc. — Director's Dealing 2016

May 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2016-05-19

Reporting Person: GUILLEMIN EVAN (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-19	Stock Option (Right to Buy)	$34.62	A	2003	Acquired	2026-05-19	Class A Common Stock, par value $0.001 per share (2003)	Direct

Footnotes

F1: The option vests in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with Shake Shack Inc.