Daniel Harris Meyer - Jun 29, 2023 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 29, 2023
Transactions value $: $125,017
Form type: 4
Date filed: 6/29/2023, 06:40 PM
Previous filing: Jun 20, 2023
Next filing: Jul 6, 2023

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	$125K	+1.61K		$77.65	1.61K	Jun 29, 2023	Direct	F1
holding	SHAK	CLASS A COMMON STOCK						580K	Jun 29, 2023	By Trust	F2, F3
holding	SHAK	Class A Common Stock, par value $0.001 per share						1.31M	Jun 29, 2023	BY TRUST	F4

* 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 29, 2023, 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 29, 2024, subject to Mr. Meyer's continued service with the Issuer.
F2	Includes 3,089 shares of Class A Stock of the Issuer transferred from Mr. Meyer to the Daniel H. Meyer Investment Trust d/t/d 5/15/92 (the "Investment Trust") after the lapse of restrictions on prior restricted stock unit grants. The transfer reflects no change in beneficial ownership or pecuniary interest and is exempt under Rule 16a-13.
F3	Represents Class A Stock of the Issuer held by Mr. Meyer through 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.
F4	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.