SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

CONGRESS ASSET MANAGEMENT CO /MA's Holding History (CIK: 0000897378)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 13,500 Value ($000) $483 Avg Close $35.08 Range $30.90 - $39.51

Q3 2016

Shares 13,500 Value ($000) $468 Avg Close $37.04 Range $33.76 - $42.94

Q2 2016

Shares 13,500 Value ($000) $492 Avg Close $36.33 Range $33.10 - $38.96

Q1 2016

Shares 13,500 Value ($000) $504 Avg Close $36.00 Range $30.00 - $43.99

Q4 2015

Shares 9,500 Value ($000) $376 Avg Close $43.89 Range $37.60 - $53.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	13,500	$483	$35.08	$30.90 - $39.51
Q3 2016	13,500	$468	$37.04	$33.76 - $42.94
Q2 2016	13,500	$492	$36.33	$33.10 - $38.96
Q1 2016	13,500	$504	$36.00	$30.00 - $43.99
Q4 2015	9,500	$376	$43.89	$37.60 - $53.50