Roger E. Theodoredis - 26 Apr 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
Issuer symbol
CMG
Transactions as of
26 Apr 2024
Net transactions value
-$7,944,544
Form type
4
Filing time
29 Apr 2024, 17:49:34 UTC
Previous filing
16 Feb 2024
Next filing
26 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Sale $2,592,997 -821 -43% $3158.34 1,085 26 Apr 2024 Direct
transaction CMG common stock Options Exercise $3,007,925 +2,033 +187% $1479.55 3,118 26 Apr 2024 Direct
transaction CMG common stock Options Exercise $1,920,426 +1,217 +39% $1578.00 4,335 26 Apr 2024 Direct
transaction CMG common stock Tax liability $4,933,327 -1,562 -36% $3158.34 2,773 26 Apr 2024 Direct F1
transaction CMG common stock Sale $5,346,571 -1,688 -61% $3167.40 1,085 26 Apr 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 2021 SOSARs Options Exercise $0 -2,033 -100% $0.000000* 0 26 Apr 2024 common stock 2,033 $1479.55 Direct F2
transaction CMG 2022 SOSAR Options Exercise $0 -1,217 -50% $0.000000 1,216 26 Apr 2024 common stock 1,217 $1578.00 Direct
* 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 original Form 4 reporting the grant of this SOSAR erroneously reported it as covering 2,009 shares; the correct number of shares covered by the SOSAR grant was 2,033 shares.