Shake Shack Inc. — Director's Dealing 2018

Oct 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2018-10-18

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
2018-10-18	Class A Common Stock, par value $0.001 per share	S	3051	$58.2180	Disposed	31785	Indirect
2018-10-18	Class A Common Stock	S	15310	$58.2180	Disposed	158227	Indirect
2018-10-18	Class A Common Stock	S	14825	$58.2180	Disposed	153900	Indirect
2018-10-19	Class A Common Stock	S	1214	$54.3254	Disposed	30571	Indirect
2018-10-19	Class A Common Stock	S	6091	$54.3254	Disposed	152136	Indirect
2018-10-19	Class A Common Stock	S	5898	$54.3254	Disposed	148002	Indirect
2018-10-19	Class A Common Stock	S	839	$55.4843	Disposed	29732	Indirect
2018-10-19	Class A Common Stock	S	4212	$55.4843	Disposed	147924	Indirect
2018-10-19	Class A Common Stock	S	4079	$55.4843	Disposed	143923	Indirect
2018-10-19	Class A Common Stock	S	395	$56.5479	Disposed	29337	Indirect
2018-10-19	Class A Common Stock	S	1984	$56.5479	Disposed	145940	Indirect
2018-10-19	Class A Common Stock	S	1921	$56.5479	Disposed	142002	Indirect
2018-10-19	Class A Common Stock	S	267	$57.6352	Disposed	29070	Indirect
2018-10-19	Class A Common Stock	S	1338	$57.6352	Disposed	144602	Indirect
2018-10-19	Class A Common Stock	S	1296	$57.6352	Disposed	140706	Indirect
2018-10-19	Class A Common Stock	S	331	$58.2063	Disposed	28739	Indirect
2018-10-19	Class A Common Stock	S	1661	$58.2063	Disposed	142941	Indirect
2018-10-19	Class A Common Stock	S	1608	$58.2063	Disposed	139098	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

F9: See Exhibit 99.1

F10: See Exhibit 99.1