Roger E. Theodoredis - 08 Feb 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Issuer symbol
CMG
Transactions as of
08 Feb 2024
Transactions value $
-$2,356,767
Form type
4
Filing time
09 Feb 2024, 16:31:21 UTC
Previous filing
16 Feb 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $1.14M +1.34K +87.38% $857.00* 2.87K 08 Feb 2024 Direct
transaction CMG common stock Tax liability -$1.15M -438 -15.29% $2,618.58 2.43K 08 Feb 2024 Direct F1
transaction CMG common stock Sale -$2.35M -898 -37% $2,622.25 1.53K 08 Feb 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 2020 SOSARs Options Exercise $0 -1.34K -100% $0.00* 0 08 Feb 2024 common stock 1.34K $857.00 Direct F2
* 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 SOSARs vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.