Shake Shack Inc. — Director's Dealing 2021

Jul 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2021-07-14

Reporting Person: Lyons Jenna (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-14	CLASS A COMMON STOCK	M	1022	$21	Acquired	3445	Direct
2021-07-14	CLASS A COMMON STOCK	S	1022	$103.0571	Disposed	2423	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-14	Stock Option (Right to Buy)	$21.0	M	1022	Disposed	2025-01-29	CLASS A COMMON STOCK (1022.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were all effected pursuant to a 10b5-1 trading plan entered into on March 16, 2021.

F2: The transaction was executed in multiple trades at prices ranging from $102.715 to $103.27. The price reported above reflects the weighted average sales price.

F3: The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (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: These options are fully vested.