SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

JW Asset Management, LLC's Holding History (CIK: 0001549738)

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

Q3 2015

Shares 14,548 Value ($000) $690 Avg Close $54.49 Range $41.50 - $75.90

Q2 2015

Shares 14,414 Value ($000) $869 Avg Close $68.28 Range $47.50 - $96.75

Q1 2015

Shares 5,128 Value ($000) $257 Avg Close $44.88 Range $38.63 - $52.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	14,548	$690	$54.49	$41.50 - $75.90
Q2 2015	14,414	$869	$68.28	$47.50 - $96.75
Q1 2015	5,128	$257	$44.88	$38.63 - $52.50