Curtis E. Garner - 09 Feb 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Feb 2024, 16:05:30 UTC
Prior SEC filing
13 Nov 2023
Next SEC filing
16 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed

Key filing fact

Curtis E. Garner filed Form 4 for CHIPOTLE MEXICAN GRILL INC (CMG) on 13 Feb 2024.

Key facts

  • This page summarizes Curtis E. Garner's Form 4 filing for CHIPOTLE MEXICAN GRILL INC (CMG).
  • 8 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Feb 2024, 16:05.

Change

  • Previous filing in this sequence was filed on 13 Nov 2023.
  • Current net transaction value: -$3,545,663.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CMG transaction

common stock

Options Exercise

Transaction value
$574,003
Shares
+1,615
Change %
+31%
Price
$355.42*
Shares after
6,863
Date
09 Feb 2024
Ownership
Direct
CMG transaction

common stock

Tax liability

Transaction value
$575,685
Shares
-219
Change %
-3.2%
Price
$2628.70
Shares after
6,644
Date
09 Feb 2024
Ownership
Direct
Footnotes
F1
CMG transaction

common stock

Sale

Transaction value
$289,310
Shares
-110
Change %
-1.7%
Price
$2630.09
Shares after
6,534
Date
09 Feb 2024
Ownership
Direct
Footnotes
F2
CMG transaction

common stock

Sale

Transaction value
$2,870,720
Shares
-1,091
Change %
-17%
Price
$2631.27
Shares after
5,443
Date
09 Feb 2024
Ownership
Direct
Footnotes
F3
CMG transaction

common stock

Sale

Transaction value
$513,230
Shares
-195
Change %
-3.6%
Price
$2631.95
Shares after
5,248
Date
09 Feb 2024
Ownership
Direct
Footnotes
F4
CMG transaction

common stock

Award

Transaction value
$129,279
Shares
+49
Change %
+0.93%
Price
$2638.35
Shares after
5,297
Date
09 Feb 2024
Ownership
Direct
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CMG transaction Derivative

2018 SOSARs

Options Exercise

Transaction value
$0
Shares
-1,615
Change %
-30%
Price
$0.000000
Shares after
3,769
Date
09 Feb 2024
Ownership
Direct
Underlying class
common stock
Underlying amount
1,615
Exercise price
$355.42
Footnotes
F6
CMG transaction Derivative

2024 SOSAR

Award

Transaction value
$0
Shares
+2,962
Change %
Price
$0.000000
Shares after
2,962
Date
09 Feb 2024
Ownership
Direct
Underlying class
common stock
Underlying amount
2,962
Exercise price
$2638.35
Footnotes
F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote 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).

Footnote F2

Reflects a weighted-average price. Actual sales prices ranged from $2,629.73 to $2,630.34 per share.

Footnote F3

Reflects a weighted-average price. Actual sales prices ranged from $2,630.7981 to $2,631.74 per share.

Footnote F4

Reflects a weighted-average price. Actual sales prices ranged from $2,631.81 to $2,632.40 per share.

Footnote F5

Represents an award of restricted stock units that will vest in equal amounts on the second and third anniversary of the grant date, subject to possible acceleration of vesting.

Footnote F6

The SOSAR vested in equal amounts on the second and third anniversaries of the grant date.

Footnote F7

The SOSAR vests in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting. Upon exercise, the SOSAR settles in common stock on a 1-to-1 basis.

SEC 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.

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