Roger E. Theodoredis - Feb 8, 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Chief Legal Officer & GC
Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Feb 8, 2024
Transactions value $
-$2,356,767
Form type
4
Date filed
2/9/2024, 04:31 PM
Previous filing
Feb 16, 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 Options Exercise $1.14M +1.34K +87.38% $857.00* 2.87K Feb 8, 2024 Direct
transaction CMG common stock Tax liability -$1.15M -438 -15.29% $2,618.58 2.43K Feb 8, 2024 Direct F1
transaction CMG common stock Sale -$2.35M -898 -37% $2,622.25 1.53K Feb 8, 2024 Direct

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 2020 SOSARs Options Exercise $0 -1.34K -100% $0.00* 0 Feb 8, 2024 common stock 1.34K $857.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 The SOSARs vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.