Shake Shack Inc. (SHAK): Select Equity Group Buys 250,000 Shares

Page 2 of 14 – SEC Filing

CUSIP No. 819047 101

Schedule 13D

Page 2 of 14 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          1,614,432
	(9)       Sole Dispositive Power          0
	(10)      Shared Dispositive Power          1,614,432
(11)      Aggregate Amount Beneficially Owned by Each Reporting Person: 1,614,432
(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): 4.4%*
(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 36,329,750 shares of Common Stock outstanding on an as-converted basis as of August 3, 2016, as reported in the Issuer’s Form 10-Q for the quarter ended June 29, 2016.