Shake Shack Inc. — Director's Dealing 2018

Oct 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2018-10-22

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
2018-10-22	Class A Common Stock, par value $0.001 per share	S	1195	$54.5633	Disposed	25109	Indirect
2018-10-22	Class A Common Stock	S	5989	$54.5633	Disposed	124651	Indirect
2018-10-22	Class A Common Stock	S	5795	$54.5633	Disposed	121439	Indirect
2018-10-23	Class A Common Stock	S	755	$52.6648	Disposed	24354	Indirect
2018-10-23	Class A Common Stock	S	3784	$52.6648	Disposed	120867	Indirect
2018-10-23	Class A Common Stock	S	3663	$52.6648	Disposed	117776	Indirect
2018-10-23	Class A Common Stock	S	3335	$53.4067	Disposed	21019	Indirect
2018-10-23	Class A Common Stock	S	16711	$53.4067	Disposed	104156	Indirect
2018-10-23	Class A Common Stock	S	16177	$53.4067	Disposed	101599	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