Select Equity Group Reports 8.9% stake in Shake Shack Inc. (SHAK)

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Page 2 of 15 SEC Filing
CUSIP No. 819047 101
Schedule 13D
Page 2 of 15 Pages
(1)            Name of Reporting Persons:
I.R.S. Identification No. of Above Persons (entities only):
Select Equity Group, L.P. (46-3465710)
(2)            Check the Appropriate Box if a Member of a Group (See Instructions):
(a)            
(b)            
(3)            SEC Use Only:
(4)            Source of Funds (See Instructions):  AF
(5)            Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):                                                  ☐
(6)            Citizenship or Place of Organization:
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON WITH:
(7)            Sole Voting
Power                          0
(8)            Shared Voting
Power                          3,392,935
(9)            Sole Dispositive
Power                          0
(10)            Shared Dispositive
Power                          3,392,935
(11)            Aggregate Amount Beneficially Owned by Each Reporting Person:
3,392,935
(12)            Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions):                                                      
(13)            Percent of Class Represented by Amount in Row (11):
8.9%*
(14)            Type of Reporting Person (See Instructions):                                                                                                    PN
Note:  All share numbers on these cover pages presented on an as-converted basis.
* Beneficial ownership of the voting stock based on (i) 36,250,000 shares of Common Stock outstanding on an as-converted basis as of October 30, 2015, as reported in the Issuer’s Form 10-Q for the quarter ended September 30, 2015 plus (ii) 1,727,804 shares of Common Stock reported issued by the Issuer in its Form 8-K filed on January 20, 2016.

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