Jack Hartung - 27 Aug 2021 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Chief Financial Officer
Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Issuer symbol
CMG
Transactions as of
27 Aug 2021
Net transactions value
-$23,095,918
Form type
4
Filing time
30 Aug 2021, 17:20:36 UTC
Previous filing
02 Jul 2021
Next filing
03 Jan 2022
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 $5,239,602 +14,742 +23% $355.42 78,401 27 Aug 2021 Direct F1
transaction CMG common stock Tax liability $5,241,416 -2,719 -3.5% $1927.70 75,682 27 Aug 2021 Direct F2
transaction CMG common stock Sale $1,811,102 -946 -1.2% $1914.48 74,736 27 Aug 2021 Direct F1, F3
transaction CMG common stock Sale $2,696,873 -1,408 -1.9% $1915.39 73,328 27 Aug 2021 Direct F1, F4
transaction CMG common stock Sale $2,270,837 -1,185 -1.6% $1916.32 72,143 27 Aug 2021 Direct F1, F5
transaction CMG common stock Sale $761,098 -397 -0.55% $1917.12 71,746 27 Aug 2021 Direct F1, F6
transaction CMG common stock Sale $571,729 -298 -0.42% $1918.55 71,448 27 Aug 2021 Direct F1, F7
transaction CMG common stock Sale $1,814,150 -945 -1.3% $1919.74 70,503 27 Aug 2021 Direct F1, F8
transaction CMG common stock Sale $714,374 -372 -0.53% $1920.36 70,131 27 Aug 2021 Direct F1, F9
transaction CMG common stock Sale $1,295,697 -674 -0.96% $1922.40 69,457 27 Aug 2021 Direct F1, F10
transaction CMG common stock Sale $3,269,874 -1,700 -2.4% $1923.46 67,757 27 Aug 2021 Direct F1, F11
transaction CMG common stock Sale $4,481,688 -2,329 -3.4% $1924.30 65,428 27 Aug 2021 Direct F1, F12
transaction CMG common stock Sale $2,593,648 -1,347 -2.1% $1925.50 64,081 27 Aug 2021 Direct F1, F13
transaction CMG common stock Sale $813,034 -422 -0.66% $1926.62 63,659 27 Aug 2021 Direct F1, F14, F15

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 SOSARs Options Exercise $0 -14,742 -100% $0.000000* 0 27 Aug 2021 common stock 14,742 $355.42 Direct F1, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock appreciation right exercise and sales were 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 $1,913.94 to $1,914.92 per share.
F4 Reflects a weighted-average price. Actual sales prices ranged from $1,915.00 to $1,915.98 per share.
F5 Reflects a weighted-average price. Actual sales prices ranged from $1,916.01 to $1,916.97 per share.
F6 Reflects a weighted-average price. Actual sales prices ranged from $1,917.01 to $1,917.295 per share.
F7 Reflects a weighted-average price. Actual sales prices ranged from $1,918.16 to $1,919.11 per share.
F8 Reflects a weighted-average price. Actual sales prices ranged from $1,919.16 to $1,920.09 per share.
F9 Reflects a weighted-average price. Actual sales prices ranged from $1,920.24 to $1,920.84 per share.
F10 Reflects a weighted-average price. Actual sales prices ranged from $1,921.895 to $1,922.81 per share.
F11 Reflects a weighted-average price. Actual sales prices ranged from $1,923.04 to $1,924.035 per share.
F12 Reflects a weighted-average price. Actual sales prices ranged from $1,924.04 to $1,925.01 per share.
F13 Reflects a weighted-average price. Actual sales prices ranged from $1,925.05 to $1,926.02 per share.
F14 Reflects a weighted-average price. Actual sales prices ranged from $1,926.17 to $1,926.95 per share.
F15 The reporting person no longer has an indirect beneficial interest in 35 shares of common stock owned by his children, which shares were included in the reporting person's prior ownership reports.
F16 The SOSARs awarded to the reporting person vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.

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.