Shake Shack Inc. — Director's Dealing 2018

Jul 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2018-07-02

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
2018-07-02	Class A Common Stock, par value $0.001 per share ("Class A C	S	99189	$65.2312	Disposed	258357	Indirect
2018-07-02	Class A Common Stock	S	19456	$65.2312	Disposed	52396	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	260205	Indirect

Footnotes

F1: See Exhibit 99.1

F2: See Exhibit 99.1

F3: See Exhibit 99.1

F4: See Exhibit 99.1