Shake Shack Inc. — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2019-07-02

Reporting Person: Meyer Daniel Harris (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-02	CLASS A COMMON STOCK	S	6054	$70.0033	Disposed	44759	Indirect
2019-07-03	CLASS A COMMON STOCK	S	15316	$70.2702	Disposed	29443	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
CLASS A COMMON STOCK	1411	Direct

Footnotes

F1: Shares of Class A common stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") were disposed of by the Reporting Person through the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "InvestmentTrust") pursuant to a 10b5-1 trading plan entered into on March 10, 2019. The Reporting Person is the grantor, trustee and beneficiary of the Investment Trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F2: The transaction was executed in multiple trades at prices ranging from $70.0000 to $70.0500. The price reported above reflects the weighted average sales price.

F3: Each 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.

F4: Represents Class A Stock of the Issuer held by the Reporting Person through the Investment Trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F5: The transaction was executed in multiple trades at prices ranging from $70.0000 to $70.9500. The price reported above reflects the weighted average sales price.