Scott Boatwright - 22 Aug 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role: Interim CEO
Signature: /s/ Helen Kaminski, pursuant to power of attorney previously filed
Issuer symbol: CMG
Transactions as of: 22 Aug 2024
Net transactions value: +$11,500,035
Form type: 4
Filing time: 26 Aug 2024, 17:10:35 UTC
Previous filing: 14 Jun 2024
Next filing: 11 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMG	common stock	Award	$3,500,013	+65,482	+54%	$53.45	186,082	22 Aug 2024	Direct	F1
transaction	CMG	common stock	Award	$8,000,022	+149,673	+80%	$53.45	335,755	22 Aug 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units, granted in connection with the reporting person's appointment as Interim CEO, that will vest on the first anniversary of the grant date, subject to possible acceleration of vesting.
F2	Represents a retention award of restricted stock units that will vest 60% on the first anniversary of the grant date and 40% on the second anniversary of the grant date, subject to possible acceleration of vesting.

Remarks:

The share numbers and per share exercise price of the SOSAR reflect the 50-for-1 stock split of Chipotle's common stock that was effective after market close on June 25, 2024.