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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1620533	Shake Shack Inc.	SHAK	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1396917	Jeffrey Flug	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	Yes	No	Yes	No
1633964	H Sheryl Flug	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No
1706704	12/29/15 U/A/D Trust Gs 2015 Flug	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No
1706756	Gulf Five Fiduciary Management Corp	C/O Shake Shack Inc. 24 Union Square East, 5Th Floor New York NY 10003	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2017-05-19	9,000	$37.81	0	No	4	S	Indirect	BY TRUST

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	BY TRUST

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	3,240	Direct

Footnotes

The transaction was executed in multiple trades at prices ranging from $37.8000 to $37.9800. The price reported above reflects the weighted average sales price.
Each 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.
Represents shares of Class A Common Stock ("Class A Stock") of the Issuer held by the Flug 2015 GS Trust U/A/D 12/29/15 (the "Trust"). Gulf Five Fiduciary Management Corp is the trustee of the Trust. Sheryl Flug, the wife of Jeffrey Flug, is the President of Gulf Five Fiduciary Management Corp. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest there.