Laurie Schalow - Jul 22, 2021 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Chief Corp Affairs, Food Sft
Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Jul 22, 2021
Transactions value $
-$3,779,754
Form type
4
Date filed
7/23/2021, 04:34 PM
Previous filing
Jul 2, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $568K +1.6K +32.83% $355.42 6.46K Jul 22, 2021 Direct
transaction CMG common stock Tax liability -$569K -324 -5.01% $1,755.99 6.14K Jul 22, 2021 Direct F1
transaction CMG common stock Sale -$3.78M -2.16K -35.23% $1,747.65 3.98K Jul 22, 2021 Direct

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 SOSAR Options Exercise $0 -1.6K -100% $0.00* 0 Jul 22, 2021 common stock 1.6K $355.42 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 payment obligation upon exercise of the stock appreciation right.
F2 The SOSAR granted to the reporting person vests in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.