Brian R. Niccol - 30 Jun 2021 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role: Chairman, CEO, Director
Signature: /s/ Helen Kaminski, pursuant to power of attorney previously filed
Issuer symbol: CMG
Transactions as of: 30 Jun 2021
Net transactions value: -$8,333,709
Form type: 4
Filing time: 02 Jul 2021, 16:47:26 UTC
Next filing: 09 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMG	common stock	Tax liability	$4,396,764	-2,836	-8.6%	$1550.34	30,074	30 Jun 2021	Direct	F1
transaction	CMG	common stock	Sale	$3,936,945	-2,550	-8.5%	$1543.90	27,524	01 Jul 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation in connection with the vesting of performance share units awarded in 2018.
F2	This stock sale was executed under the terms of a Sales Plan intended to comply with Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended.