| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CMG | common stock | Options Exercise | $1,536,764 | +2,637 | +12% | $582.77* | 25,084 | 29 Jan 2024 | Direct | |
| transaction | CMG | common stock | Tax liability | $1,538,336 | -641 | -2.6% | $2399.90 | 24,443 | 29 Jan 2024 | Direct | F1 |
| transaction | CMG | common stock | Sale | $4,790,224 | -1,996 | -8.2% | $2399.91 | 22,447 | 29 Jan 2024 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CMG | 2019 SOSARs | Options Exercise | $0 | -2,637 | -50% | $0.000000 | 2,638 | 29 Jan 2024 | common stock | 2,637 | $582.77 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock appreciation rights (SOSAR). |
| F2 | This SOSAR 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. |
| F3 | Reflects a weighted-average price. Actual sales prices ranged from $2,399.90 to $2,400.13 per share. 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. |
| F4 | The SOSAR vested in equal amounts on the second and third anniversaries of the grant date. |