Daniel Harris Meyer - Jun 9, 2021 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Director, 10%+ Owner
Signature: /s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Daniel H. Meyer
Stock symbol: SHAK
Transactions as of: Jun 9, 2021
Transactions value $: $25,075
Form type: 4
Date filed: 6/11/2021, 07:21 PM
Next filing: Jul 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHAK	Class A Common Stock, par value $0.001 per share	Award	$25.1K	+253	+25.69%	$99.11	1.24K	Jun 9, 2021	Direct	F1
holding	SHAK	Class A Common Stock, par value $0.001 per share						555K	Jun 9, 2021	BY TRUST	F2
holding	SHAK	Class A Common Stock, par value $0.001 per share						1.31M	Jun 9, 2021	BY TRUST	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Meyer. On June 9, 2021, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, Mr. Meyer was awarded restricted stock units that represent the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest on June 9, 2022, subject to Mr. Meyer's continued service with the Issuer.
F2	Represents shares of Class A Stock of the Issuer held by Mr. Meyer through the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust"). Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3	Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of such Reporting Persons' pecuniary interest therein.