Shake Shack Inc. — Director's Dealing 2016

May 19, 2016

SEC Form 4/A — Form 4/A

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2015-11-12

Reporting Person: Select Equity Group, L.P. (Director, 10% Owner, See Remarks)
Reporting Person: SEG PARTNERS L P (Director)
Reporting Person: SEG PARTNERS II L P (Director)
Reporting Person: Loening George S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-12	Class A Common Stock, par value $0.001 per share	C	100000	—	Acquired	100000	Indirect
2015-11-12	Class B Common Stock, par value $0.001 per share	J	100000	—	Disposed	238127	Indirect
2015-11-12	Class A Common Stock, par value $0.001 per share	C	400000	—	Acquired	400000	Indirect
2015-11-12	Class B Common Stock, par value $0.001 per share	J	400000	—	Disposed	867658	Indirect

Footnotes

F1: See Exhibit 99.1.

F2: See Exhibit 99.1.

F3: See Exhibit 99.1.

F4: See Exhibit 99.1.

F5: See Exhibit 99.1.

F6: See Exhibit 99.1.

F7: See Exhibit 99.1.

F8: See Exhibit 99.1.