Ilene Eskenazi - Nov 29, 2023 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role: CHRO
Signature: /s/ Helen Kaminski, pursuant to power of attorney previoiusly filed
Stock symbol: CMG
Transactions as of: Nov 29, 2023
Transactions value $: $6,162,345
Form type: 4
Date filed: 11/30/2023, 04:12 PM
Previous filing: Nov 30, 2023
Next filing: Feb 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMG	common stock	Award	$1.5M	+686	+6860%	$2,189.11	696	Nov 29, 2023	Direct	F1
holding	CMG	common stock						1	Nov 29, 2023	Held by son

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	New hire SOSAR	Award	$4.66M	+2.13K		$2,189.11	2.13K	Nov 29, 2023	common stock	2.13K	$2,189.11	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of a restricted stock unit to the reporting person, which will vest in equal amounts on the second and third anniversary of the grant date, subject to possible acceleration of vesting.
F2	The stock only stock appreciation right vests in equal amounts on the second and third anniversary of the grant date, subject to possible acceleration of vesting, and settles in shares of common stock on a one-to-one basis.