Shake Shack Inc. — Director's Dealing 2016

Jan 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2015-12-31

Reporting Person: KOCHEVAR KAREN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-31	CLASS A COMMON STOCK	S	10000	$40.39	Disposed	15875	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $40.21 to $40.55. The price reported above reflects the weighted average sales price.

F2: The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.