Shake Shack Inc. — Director's Dealing 2018

Oct 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2018-10-24

Reporting Person: Select Equity Group, L.P. (10% Owner)
Reporting Person: SEG PARTNERS L P (10% Owner)
Reporting Person: SEG PARTNERS II L P (10% Owner)
Reporting Person: SEG Partners Offshore Master Fund, Ltd. (10% Owner)
Reporting Person: Loening George S (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-24	Class A Common Stock, par value $0.001 per share	S	284	$53.1495	Disposed	20735	Indirect
2018-10-24	Class A Common Stock	S	1420	$53.1495	Disposed	102736	Indirect
2018-10-24	Class A Common Stock	S	1375	$53.1495	Disposed	100224	Indirect
2018-10-24	Class A Common Stock	S	1513	$52.1702	Disposed	19222	Indirect
2018-10-24	Class A Common Stock	S	7576	$52.1702	Disposed	95160	Indirect
2018-10-24	Class A Common Stock	S	7336	$52.1702	Disposed	92888	Indirect
2018-10-24	Class A Common Stock	S	5054	$50.8971	Disposed	14168	Indirect
2018-10-24	Class A Common Stock	S	25310	$50.8971	Disposed	69850	Indirect
2018-10-24	Class A Common Stock	S	24505	$50.8971	Disposed	68383	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