Sumaiya Balbale - Jun 15, 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Director
Signature: /s/ Ronald Palmese, Jr., Esq., Attorney-in-fact for Sumaiya Balbale
Stock symbol: SHAK
Transactions as of: Jun 15, 2022
Transactions value $: $140,026
Form type: 4
Date filed: 6/16/2022, 07:29 PM
Previous filing: Jun 11, 2021
Next filing: Jun 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHAK	CLASS A COMMON STOCK	Award	$140K	+3.46K	+130.76%	$40.47	6.11K	Jun 15, 2022	Direct	F1

* 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 the Reporting Person. On June 15, 2022, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, the Reporting Person 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 15, 2023, subject to the Reporting Person's continued service with the Issuer.

Content

Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. On June 15, 2022, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and the Issuer's Non-Employee Director Compensation Policy, the Reporting Person 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 15, 2023, subject to the Reporting Person's continued service with the Issuer.