| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CMG | common stock | Options Exercise | $172,191 | +24,225 | +5.8% | $7.11 | 442,707 | 25 Feb 2025 | Direct | |
| transaction | CMG | common stock | Tax liability | $172,193 | -3,288 | -0.74% | $52.37 | 439,419 | 25 Feb 2025 | Direct | F1 |
| transaction | CMG | common stock | Sale | $1,096,297 | -20,937 | -4.8% | $52.36 | 418,482 | 25 Feb 2025 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CMG | 2018 SOSARs | Options Exercise | $0 | -24,225 | -50% | $0.000000 | 24,225 | 25 Feb 2025 | common stock | 24,225 | $7.11 | Direct | F3 |
| 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 | Reflects a weighted-average price. Actual sales prices ranged from $52.345 to $52.39 per share. For each transaction on this Form 4 that is reported at a weighted average price, the reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. |
| F3 | The SOSAR vested in equal amounts on the second and third anniversaries of the grant date. |