Brian R. Niccol - Feb 10, 2022 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
Feb 10, 2022
Transactions value $
-$15,871,829
Form type
4
Date filed
2/14/2022, 03:35 PM
Previous filing
Feb 9, 2022
Next filing
Apr 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Award $0 +18.7K +82.77% $0.00 41.4K Feb 10, 2022 Direct F1
transaction CMG common stock Tax liability -$15.9M -9.87K -23.84% $1,608.74 31.5K Feb 10, 2022 Direct F2

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 2022 SOSAR Award $0 +11.9K $0.00 11.9K Feb 10, 2022 common stock 11.9K $1,578.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued to the reporting person in settlement of a performance share unit (PSU) awarded in 2019. The PSU settled based on the achievement of predetermined performance goals.
F2 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation in connection with the vesting of a PSU awarded in 2019.
F3 The SOSAR vests in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.