The story
Blend of share (verb) + arrow, coined by Oliver Gajda of the City and County of San Francisco Bicycle Program; see the 21 July 2004 quotation.
First known use, by meaning
- from c. 2004 A marking (often consisting of an image of a bicycle with two inverted V shapes either above or below it) on the surface of a paved road shared by both bicycles and other vehicles indicating a portion of the road that cyclists may use.
Etymology from Wiktionary, CC BY-SA 4.0.