R. Niccol - Aug 6, 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
Stock symbol
CMG
Transactions as of
Aug 6, 2021
Transactions value $
-$189,296
Form type
4
Date filed
8/10/2021, 04:38 PM
Previous filing
Aug 6, 2021
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $38.8K +120 +0.44% $323.11 27.6K Aug 6, 2021 Direct F1
transaction CMG common stock Tax liability -$38K -20 -0.07% $1,899.90 27.6K Aug 6, 2021 Direct F2
transaction CMG common stock Sale -$190K -100 -0.36% $1,900.71 27.5K Aug 6, 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 SOSAR Options Exercise $0 -120 -6.08% $0.00 1.85K Aug 6, 2021 common stock 120 $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.