Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock, par value $0.001 per share^F1,F2	Mar 9, 2016	S	4,670	$36.11	D	314,683	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F3	Mar 9, 2016	S	45,330	$36.11	D	1,980,122	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F2	Mar 10, 2016	S	6,654	$35.30	D	308,029	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F3	Mar 10, 2016	S	43,346	$35.30	D	1,936,776	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F2	Mar 11, 2016	S	4,470	$34.69	D	303,559	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F3	Mar 11, 2016	S	28,115	$34.69	D	1,908,661	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F1,F4	Mar 11, 2016	S	17,415	$34.69	D	1,180,715	I	See Footnotes

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1See Exhibit 99.1.
F2See Exhibit 99.1.
F3See Exhibit 99.1.
F4See Exhibit 99.1.

Remarks

List of Exhibits Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Names and Addresses Exhibit 99.3 - Joint Filers' Signatures Solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, Select Equity Group, L.P. ("Select Equity Group"), the SEG Funds (as defined below) and George S. Loening may be deemed to be directors-by-designation by virtue of their right to designate a member of the board of directors of the Issuer. Select Equity Group, the SEG Funds and George S. Loening have designated Evan C. Guillemin as a member of the board of directors of Shake Shack Inc. ("Shake Shack").