SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q2 2019

Shares 88,310 Value ($000) $6,376 Avg Close $61.72 Range $56.63 - $72.40

Q4 2016

Shares 221,000 Value ($000) $7,910 Avg Close $35.08 Range $30.90 - $39.51

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	88,310	$6,376	$61.72	$56.63 - $72.40
Q4 2016	221,000	$7,910	$35.08	$30.90 - $39.51