Jack Hartung - Jun 13, 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Jun 13, 2024
Transactions value $
-$7,998,333
Form type
4
Date filed
6/14/2024, 04:10 PM
Previous filing
May 24, 2024
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $1.75M +3K +4.47% $582.77 70.2K Jun 13, 2024 Direct
transaction CMG common stock Tax liability -$1.75M -539 -0.77% $3,248.30 69.6K Jun 13, 2024 Direct F1
transaction CMG common stock Sale -$8M -2.46K -3.53% $3,249.01 67.2K Jun 13, 2024 Direct
holding CMG common stock 14 Jun 13, 2024 Held in Trust F2

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 2019 SOSARs Options Exercise $0 -3K -44.23% $0.00 3.78K Jun 13, 2024 common stock 3K $582.77 Direct F3
* 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 Consists of shares of common stock held by a trust of which the reporting person and his spouse are beneficiaries, which shares were inadvertantly omitted from prior filings.
F3 The SOSARs awarded to the reporting person vested in equal amounts on the second and third anniversaries of the grant date.