Scott Boatwright - Aug 22, 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
Stock symbol
CMG
Transactions as of
Aug 22, 2024
Transactions value $
$11,500,035
Form type
4
Date filed
8/26/2024, 05:10 PM
Previous filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Award $3.5M +65.5K +54.3% $53.45 186K Aug 22, 2024 Direct F1
transaction CMG common stock Award $8M +150K +80.43% $53.45 336K Aug 22, 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.