Christopher W. Brandt - Aug 4, 2021 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Chief Marketing Officer
Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Aug 4, 2021
Transactions value $
-$3,000,220
Form type
4
Date filed
8/6/2021, 04:30 PM
Previous filing
Aug 3, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $808K +2K +21.89% $403.89 11.1K Aug 4, 2021 Direct
transaction CMG common stock Tax liability -$809K -425 -3.82% $1,904.00 10.7K Aug 4, 2021 Direct F1
transaction CMG common stock Sale -$3M -1.58K -14.7% $1,904.00 9.14K Aug 4, 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 Sign-on SOSAR Options Exercise $0 -2K -34.58% $0.00 3.78K Aug 4, 2021 common stock 2K $403.89 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 SOSARs vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.