Brian R. Niccol - 04 Aug 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
04 Aug 2021
Net transactions value
-$21,844,463
Form type
4
Filing time
06 Aug 2021, 16:34:05 UTC
Previous filing
23 Jul 2021
Next filing
10 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 $802,970 +2,280 +8.3% $352.18 29,804 04 Aug 2021 Direct F1
transaction CMG common stock Options Exercise $1,201,000 +3,001 +10% $400.20 32,805 04 Aug 2021 Direct F1
transaction CMG common stock Tax liability $2,006,294 -1,056 -3.2% $1899.90 31,749 04 Aug 2021 Direct F2
transaction CMG common stock Sale $8,027,078 -4,225 -13% $1899.90 27,524 04 Aug 2021 Direct F1
transaction CMG common stock Options Exercise $2,233,659 +6,913 +25% $323.11 34,437 04 Aug 2021 Direct F1
transaction CMG common stock Tax liability $2,234,282 -1,176 -3.4% $1899.90 33,261 04 Aug 2021 Direct F2
transaction CMG common stock Sale $3,011,861 -1,585 -4.8% $1900.23 31,676 04 Aug 2021 Direct F1, F3
transaction CMG common stock Sale $1,530,619 -805 -2.5% $1901.39 30,871 04 Aug 2021 Direct F1, F4
transaction CMG common stock Sale $3,152,418 -1,657 -5.4% $1902.48 29,214 04 Aug 2021 Direct F1, F5
transaction CMG common stock Sale $1,939,751 -1,019 -3.5% $1903.58 28,195 04 Aug 2021 Direct F1, F6
transaction CMG common stock Sale $516,064 -271 -0.96% $1904.30 27,924 04 Aug 2021 Direct F1, F7
transaction CMG common stock Sale $762,148 -400 -1.4% $1905.37 27,524 04 Aug 2021 Direct F1, F8
transaction CMG common stock Options Exercise $592,261 +1,833 +6.7% $323.11 29,357 05 Aug 2021 Direct F1
transaction CMG common stock Tax liability $592,769 -312 -1.1% $1899.90 29,045 05 Aug 2021 Direct F2
transaction CMG common stock Sale $212,889 -112 -0.39% $1900.80 28,933 05 Aug 2021 Direct F1, F9
transaction CMG common stock Sale $285,495 -150 -0.52% $1903.30 28,783 05 Aug 2021 Direct F1, F10
transaction CMG common stock Sale $455,315 -239 -0.83% $1905.08 28,544 05 Aug 2021 Direct F1, F11
transaction CMG common stock Sale $207,751 -109 -0.38% $1905.98 28,435 05 Aug 2021 Direct F1, F12
transaction CMG common stock Sale $207,983 -109 -0.38% $1908.10 28,326 05 Aug 2021 Direct F1, F13
transaction CMG common stock Sale $572,653 -300 -1.1% $1908.84 28,026 05 Aug 2021 Direct F1, F14
transaction CMG common stock Sale $702,808 -368 -1.3% $1909.80 27,658 05 Aug 2021 Direct F1, F15
transaction CMG common stock Sale $64,967 -34 -0.12% $1910.81 27,624 05 Aug 2021 Direct F1, F16
transaction CMG common stock Sale $191,208 -100 -0.36% $1912.08 27,524 05 Aug 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 -2,280 -100% $0.000000* 0 04 Aug 2021 common stock 2,280 $352.18 Direct F1
transaction CMG 2018 Inducement SOSAR Options Exercise $0 -3,001 -17% $0.000000 14,694 04 Aug 2021 common stock 3,001 $400.20 Direct F1
transaction CMG 2018 SOSAR Options Exercise $0 -6,913 -64% $0.000000 3,806 04 Aug 2021 common stock 6,913 $323.11 Direct F1
transaction CMG 2018 SOSAR Options Exercise $0 -1,833 -48% $0.000000 1,973 05 Aug 2021 common stock 1,833 $323.11 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 3. Reflects a weighted-average price. Actual sales prices ranged from $1,899.92 to $1,900.89 per share.
F4 4. Reflects a weighted-average price. Actual sales prices ranged from $1,900.96 to $1,901.95 per share.
F5 5. Reflects a weighted-average price. Actual sales prices ranged from $1,901.99 to $1,902.98 per share.
F6 6. Reflects a weighted-average price. Actual sales prices ranged from $1,903.00 to $1,903.965 per share.
F7 7. Reflects a weighted-average price. Actual sales prices ranged from $1,904.14 to $1,905.025 per share.
F8 8. Reflects a weighted-average price. Actual sales prices ranged from $1,905.37 to $1,905.375 per share.
F9 9. Reflects a weighted-average price. Actual sales prices ranged from $1,900.52 to $1,901.51 per share.
F10 10. Reflects a weighted-average price. Actual sales prices ranged from $1,903.095 to $1,903.40 per share.
F11 11. Reflects a weighted-average price. Actual sales prices ranged from $1,904.645 to $1,905.60 per share.
F12 12. Reflects a weighted-average price. Actual sales prices ranged from $1,905.72 to $1,906.00 per share.
F13 13. Reflects a weighted-average price. Actual sales prices ranged from $1,907.54 to $1,908.16 per share.
F14 14. Reflects a weighted-average price. Actual sales prices ranged from $1,908.68 to $1,909.19 per share.
F15 15. Reflects a weighted-average price. Actual sales prices ranged from $1,909.73 to $1,910.495 per share.
F16 16. Reflects a weighted-average price. Actual sales prices ranged from $1,910.74 to $1,910.97 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.