Katherine Fogertey - Jul 15, 2022 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Chief Financial Officer
Signature: /s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Katherine Fogertey
Stock symbol: SHAK
Transactions as of: Jul 15, 2022
Transactions value $: -$72,013
Form type: 4
Date filed: 7/19/2022, 04:52 PM
Previous filing: Mar 3, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHAK	CLASS A COMMON STOCK	Tax liability	-$72K	-1.55K	-4.92%	$46.46	29.9K	Jul 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") withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey pursuant to Ms. Fogertey's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in five equal installments on each of July 15, 2022, July 15, 2023, July 15, 2024, July 15, 2025, and July 15, 2026, subject to Ms. Fogertey's continued service with the Issuer.

Content

Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey pursuant to Ms. Fogertey's Employment Agreement with the Issuer and the Issuer's 2015 Incentive Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in five equal installments on each of July 15, 2022, July 15, 2023, July 15, 2024, July 15, 2025, and July 15, 2026, subject to Ms. Fogertey's continued service with the Issuer.