Brian R. Niccol - 21 Jul 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
21 Jul 2021
Net transactions value
-$36,483,438
Form type
4
Filing time
23 Jul 2021, 16:32:14 UTC
Previous filing
14 Jul 2021
Next filing
06 Aug 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 Options Exercise $4,226,160 +12,000 +44% $352.18 39,524 21 Jul 2021 Direct F1
transaction CMG common stock Tax liability $4,227,651 -2,487 -6.3% $1699.90 37,037 21 Jul 2021 Direct F2
transaction CMG common stock Sale $4,436,027 -2,609 -7% $1700.28 34,428 21 Jul 2021 Direct F1, F3
transaction CMG common stock Sale $6,131,436 -3,603 -10% $1701.76 30,825 21 Jul 2021 Direct F1, F4
transaction CMG common stock Sale $855,384 -502 -1.6% $1703.95 30,323 21 Jul 2021 Direct F1, F5
transaction CMG common stock Sale $1,510,169 -885 -2.9% $1706.41 29,438 21 Jul 2021 Direct F1, F6
transaction CMG common stock Sale $1,441,197 -844 -2.9% $1707.58 28,594 21 Jul 2021 Direct F1, F7
transaction CMG common stock Sale $1,828,708 -1,070 -3.7% $1709.07 27,524 21 Jul 2021 Direct F1, F8
transaction CMG common stock Options Exercise $4,563,196 +12,957 +47% $352.18 40,481 22 Jul 2021 Direct F1
transaction CMG common stock Tax liability $4,564,546 -2,536 -6.3% $1799.90 37,945 22 Jul 2021 Direct F2
transaction CMG common stock Sale $11,549,592 -6,416 -17% $1800.12 31,529 22 Jul 2021 Direct F1, F9
transaction CMG common stock Sale $4,258,463 -2,364 -7.5% $1801.38 29,165 22 Jul 2021 Direct F1, F10
transaction CMG common stock Sale $2,742,207 -1,521 -5.2% $1802.90 27,644 22 Jul 2021 Direct F1, F11
transaction CMG common stock Sale $36,080 -20 -0.07% $1803.99 27,624 22 Jul 2021 Direct F1
transaction CMG common stock Sale $180,499 -100 -0.36% $1804.99 27,524 22 Jul 2021 Direct F1
transaction CMG common stock Options Exercise $367,324 +1,043 +3.8% $352.18 28,567 23 Jul 2021 Direct F1
transaction CMG common stock Tax liability $367,180 -204 -0.71% $1799.90 28,363 23 Jul 2021 Direct F2
transaction CMG common stock Sale $954,000 -530 -1.9% $1800.00 27,833 23 Jul 2021 Direct F1, F12
transaction CMG common stock Sale $131,538 -73 -0.26% $1801.89 27,760 23 Jul 2021 Direct F1, F13
transaction CMG common stock Sale $409,185 -227 -0.82% $1802.58 27,533 23 Jul 2021 Direct F1, F14
transaction CMG common stock Sale $16,255 -9 -0.03% $1806.09 27,524 23 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMG 2018 Make-Whole SOSAR Options Exercise $0 -12,000 -42% $0.000000 16,280 21 Jul 2021 common stock 12,000 $352.18 Direct F1
transaction CMG 2018 Make-Whole SOSAR Options Exercise $0 -12,957 -80% $0.000000 3,323 22 Jul 2021 common stock 12,957 $352.18 Direct F1
transaction CMG 2018 Make-Whole SOSAR Options Exercise $0 -1,043 -31% $0.000000 2,280 23 Jul 2021 common stock 1,043 $352.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock appreciation rights exercise and 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.
F2 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock appreciation right.
F3 Reflects a weighted-average price. Actual sales prices ranged from $1,699.90 to $1,700.50 per share.
F4 Reflects a weighted-average price. Actual sales prices ranged from $1,701.00 to $1,701.89 per share.
F5 Reflects a weighted-average price. Actual sales prices ranged from $1,703.94 to $1,704.00 per share.
F6 Reflects a weighted-average price. Actual sales prices ranged from $1,706.245 to $1,706.81 per share.
F7 Reflects a weighted-average price. Actual sales prices ranged from $1,707.45 to $1,707.93 per share.
F8 Reflects a weighted-average price. Actual sales prices ranged from $1,709.00 to $1,709.09 per share.
F9 Reflects a weighted-average price. Actual sales prices ranged from $1,799.90 to $1,800.83 per share.
F10 Reflects a weighted-average price. Actual sales prices ranged from $1,800.97 to $1,801.92 per share.
F11 Reflects a weighted-average price. Actual sales prices ranged from $1,802.44 to $1,803.08 per share.
F12 Reflects a weighted-average price. Actual sales prices ranged from $1,799.90 to $1,800.40 per share.
F13 Reflects a weighted-average price. Actual sales prices ranged from $1,801.16 to $1,802.07 per share.
F14 Reflects a weighted-average price. Actual sales prices ranged from $1,802.51 to $1,802.69 per share.

Remarks:

For each transaction on this Form 4 that is reported at a weighted-average price, the filing person undertakes to furnish to the issuer, any requesting shareholder of the issuer or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price.